Vertical Aerospace CEO granted 71,690 options
Vertical Aerospace Ltd. reported that Chief Executive Officer Stuart Simpson received a grant of 71,690 Nil Cost Options over common stock as equity compensation.
Rhea-AI Filing Summary
Vertical Aerospace Ltd. reported that Chief Executive Officer Stuart Simpson received a grant of 71,690 Nil Cost Options over common stock as equity compensation. These options carry a £0.00 exercise price and increase his directly held derivative position to 2,706,152 options after the transaction.
The options begin vesting on June 30, 2026, with additional portions vesting quarterly thereafter under the applicable vesting schedule, conditioned on Mr. Simpson’s continued service through each vesting date. The options are scheduled to expire on January 21, 2036 if not exercised.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nil Cost Options | 71,690 | $0.00 | $0.00 |
Footnotes (1)
- F1. Options vest beginning 06/30/2026, 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
derivative securities financial
Form 4 regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vertical Aerospace (EVTL) CEO Stuart Simpson report in this Form 4?
Are the EVTL options granted to CEO Stuart Simpson an open-market buy or sell?
When do Stuart Simpson’s newly granted Vertical Aerospace options start vesting?
What is the exercise price and expiry of the EVTL Nil Cost Options granted?
How many Vertical Aerospace derivative securities does the CEO hold after this option grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.