Vertical Aerospace (NYSE: EVTL) director discloses option and share stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Vertical Aerospace Ltd. director Domhnal Slattery has filed an initial ownership report showing his equity stake in the company. He holds nil-cost options over 1,379,279 shares of Common Stock with an exercise price of $0.00 per share, expiring on 2036-01-21. These options begin vesting on 03/31/2025, with additional portions vesting quarterly thereafter, as long as he continues to serve through each vesting date. He also directly owns 113,300 shares of common stock and indirectly owns 114,551 shares through a corporation. This filing records existing holdings rather than new market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Slattery Domhnal
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Nil Cost Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Nil Cost Options — 1,379,279 shares (Direct);
Common Stock — 113,300 shares (Direct);
Common Stock — 114,551 shares (Indirect, By Corporation)
Footnotes (1)
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FAQ
What equity holdings did Domhnal Slattery report in Vertical Aerospace (EVTL)?
Domhnal Slattery reported nil-cost options over 1,379,279 shares of Vertical Aerospace common stock, plus 113,300 shares held directly and 114,551 shares held indirectly through a corporation, outlining his total reported exposure in the company.
How do Domhnal Slattery’s nil-cost options in EVTL vest?
His nil-cost options begin vesting on 03/31/2025, with additional shares vesting quarterly thereafter. Vesting is subject to his continued service through each vesting date, meaning he must remain in role to receive future tranches.
When do Domhnal Slattery’s Vertical Aerospace options expire?
The reported nil-cost options over Vertical Aerospace common stock expire on 2036-01-21. After that date, any unexercised options would lapse, so the long-dated term provides a substantial window for potential future exercise, subject to vesting conditions.