Vertical Aerospace CEO gets 13,934 zero-cost options
Vertical Aerospace Ltd. (EVTL) reported that Chief Executive Officer Stuart Simpson received a grant of 13,934 Nil Cost Options over common stock.
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Rhea-AI Filing Summary
Vertical Aerospace Ltd. (EVTL) reported that Chief Executive Officer Stuart Simpson received a grant of 13,934 Nil Cost Options over common stock. The options have a conversion price of $0.00 per share, expire on January 21, 2036, and increase his directly held option position to 3,430,766 options. According to the vesting terms, options begin vesting on September 30, 2026 with additional shares vesting quarterly thereafter, subject to continued service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options F1 | 13,934 | $0.00 | $0.00 |
Footnotes (1)
- F1. Options vest beginning 09/30/2026, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.
Key Figures
Key Terms
Nil Cost Options financial
vesting schedule financial
underlying security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did EVTL disclose about Stuart Simpson’s latest equity grant?
How many options does EVTL’s CEO hold after this Form 4 transaction?
What is the exercise or conversion price of the Nil Cost Options reported by EVTL?
When do the newly granted EVTL options start vesting and on what schedule?
What is the expiration date of the Nil Cost Options granted by EVTL to its CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.