Vertical Aerospace (EVTL) finance chief reports stock and option holdings
Rhea-AI Filing Summary
Vertical Aerospace Ltd. filed an initial ownership report for Principal Financial Officer John Patrick Maloney, showing his existing equity interests in the company. This Form 3 does not reflect new market purchases or sales, but lists current holdings in common stock and stock options.
Maloney holds 1,500 shares of Common Stock directly. He also holds nil-cost options over 12,473 shares of Common Stock and several stock option grants: 75,000 underlying shares at an exercise price of $3.50, 406 underlying shares at $12.00, and 37,500 underlying shares at $5.82, each with stated expiration dates between 2032 and 2036.
Footnotes explain that these options vest over time beginning on dates such as September 30, 2022, December 31, 2026, and March 31, 2029, with additional shares vesting periodically according to their vesting schedules, subject to Maloney’s continued service through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Nil Cost Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Options vest beginning 09/30/2022, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date. Options vest beginning 12/31/2026, with additional shares vesting annually thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date. Options vest beginning 09/30/2022, with additional shares vesting quarterly thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date. Options vest beginning 03/31/2029, with additional shares vesting annually thereafter in accordance with the applicable vesting schedule, subject to continued service through each vesting date.