Vertical Aerospace (EVTL) director Ky Patrick Marc details initial stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Vertical Aerospace Ltd. director Ky Patrick Marc filed an initial ownership report showing his equity position in the company. He reports direct holdings of 11,587 shares of common stock and 10,832 restricted stock units tied to common shares. The restricted stock units carry a zero exercise price and will vest on June 30, 2026, after which they convert into common stock, and they have no expiration date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Ky Patrick Marc
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 10,832 shares (Direct);
Common Stock — 11,587 shares (Direct)
Footnotes (1)
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FAQ
What does the Form 3 filing by Ky Patrick Marc at EVTL disclose?
The Form 3 shows Ky Patrick Marc’s initial ownership in Vertical Aerospace. He holds 11,587 shares of common stock and 10,832 restricted stock units, providing a clear baseline of his equity stake as a director.
How many restricted stock units does Ky Patrick Marc hold in EVTL?
He holds 10,832 restricted stock units linked to Vertical Aerospace common stock. These units represent a right to receive the same number of shares upon vesting, giving him additional potential equity beyond currently owned common stock.
When do Ky Patrick Marc’s restricted stock units in Vertical Aerospace vest?
The restricted stock units will vest on June 30, 2026. After that date, they convert into common stock, increasing his share ownership. The units have no expiration date, so vesting depends only on reaching this vesting date and applicable conditions.
Do Ky Patrick Marc’s EVTL restricted stock units have an exercise price?
The restricted stock units have an exercise price of 0.0000. This means that, upon vesting on June 30, 2026, they convert into common stock without any cash payment required from him to receive the underlying shares.
Are Ky Patrick Marc’s EVTL holdings on Form 3 direct or indirect?
The holdings disclosed are direct. Both the 11,587 common shares and the 10,832 restricted stock units are reported with direct ownership, indicating they are not held through entities such as trusts, partnerships, or family investment vehicles.