Frontier Nuclear (FNUC) director details options, RSUs and shares in Form 3
Rhea-AI Filing Summary
Frontier Nuclear & Minerals Inc. director Schapiro Peretz filed an initial ownership report showing option, RSU and share positions rather than new trades. Direct holdings include stock options over 3,846 Common Shares at an exercise price of $5.0000 expiring on January 30, 2028 and 769 Common Shares.
Through Saphires Holdings PTY Ltd. <Saphires Holdings Family A/C>, which is 100% owned by the reporting person, an additional 769 Common Shares are held. Through Give It Holdings Pty Ltd., which is wholly owned by Saphires, he indirectly holds stock options over 100,000 Common Shares at an exercise price of $3.0800 expiring on February 23, 2031.
Give It Holdings Pty Ltd. also holds Restricted Stock Units covering 11,442, 49,255 and 12,000 Common Shares. Footnotes explain that one option grant is fully vested, while other options and RSUs follow specified vesting schedules under the company’s equity plans, with some RSUs eligible for accelerated vesting on change of control or market capitalization triggers.
Positive
- None.
Negative
- None.
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 | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Footnotes (1)
- The reported securities are held directly by Saphires Holdings PTY Ltd. <Saphires Holdings Family A/C>, an Australian company ("Saphires"), which is 100% owned by the Reporting Person. The Stock Options are fully vested. 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. The reported securities are held directly by Give It Holdings Pty Ltd., an Australian company, which is wholly-owned by Saphires, a company which is 100% owned by the Reporting Person. 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. The RSUs do not expire. Each RSU represents a contingent right to receive one Common Share or the cash equivalent thereof as allowed under the RSU plan. 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. 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.