Director Imrie Brian details options and RSUs in Frontier Nuclear & Minerals (FNUC) Form 3
Rhea-AI Filing Summary
Frontier Nuclear & Minerals Inc. director Imrie Brian filed an initial ownership report showing equity awards and common shares. He holds stock options over 3,846 common shares at an exercise price of $5.0000 expiring on January 30, 2028, and options over 100,000 common shares at $3.0800 expiring on February 23, 2031. He also holds restricted stock units covering 11,442, 8,209 and 12,000 common shares, and 1,538 common shares directly. Footnotes explain that one option grant is fully vested, while other options and RSUs vest on specified future dates or upon conditions such as time-based schedules, change of control, or the issuer’s market capitalization exceeding US$150,000,000 for 10 consecutive trading days.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Stock Options (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (7)
- F1. The Stock Options are fully vested.
- F2. The Stock Options were granted on February 23, 2026 under the Issuer's option plan. The Stock Options vest in accordance with the following schedule: (i) 50% vest on February 23, 2027 and (ii) 50% vest on February 23, 2028.
- F3. The Restricted Stock Units ("RSUs") were granted on July 21, 2025 under the Issuer's restricted share unit award plan ("RSU Plan"). The RSUs will vest on such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan.
- F4. The RSUs do not expire.
- F5. Each RSU represents a contingent right to receive one Common Share or the cash equivalent thereof as allowed under the RSU plan.
- F6. The RSUs were granted on February 23, 2026 under the Issuer's RSU Plan. The RSUs will vest as to the number of shares indicated and, on the later of (i) July 1, 2026; and (ii) such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan. Notwithstanding any provisions within the RSU Plan to the contrary, the RSUs shall be entitled to immediate vest upon the occurrence of a Change of Control (as defined in the RSU Plan) or if vesting is accelerated by the Issuer's Board of Directors.
- F7. The RSUs were granted on February 23, 2026 under the Issuer's RSU Plan. The RSUs will vest on the later of (i) the earlier of (y) January 1, 2027, or (z) the market capitalization of the Issuer exceeding US$150,000,000 for 10 consecutive trading days; and (ii) such date as the Reporting Person may elect, provided such date is within the time period allowed under the RSU Plan.
FAQ
What does Frontier Nuclear & Minerals (FNUC) Form 3 for Imrie Brian show?
How many stock options does Imrie Brian hold in Frontier Nuclear & Minerals (FNUC)?
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