General Fusion Group CSO discloses holdings
Megan R. Wilson, Chief Strategy Officer of General Fusion Group Ltd., reports her initial beneficial ownership in the company.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
3
Rhea-AI Filing Summary
Megan R. Wilson, Chief Strategy Officer of General Fusion Group Ltd., reports her initial beneficial ownership in the company. She directly holds 51,150 common shares and 10,653 Earnout Shares. She also holds several stock option and Earnout Option awards over common and Earnout Shares, with exercise prices from $0.0100 to $9.0600 and expirations between 2031 and 2036, many subject to time-based vesting and, for Earnout Shares, share-price performance thresholds.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
Wilson Megan R.
Role
Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F2 | -- | -- | -- |
| holding | Stock Option (right to buy) F3 | -- | -- | -- |
| holding | Stock Option (right to buy) F4 | -- | -- | -- |
| holding | Earnout Options (right to buy) F1, F5 | -- | -- | -- |
| holding | Earnout Options (right to buy) F2, F5 | -- | -- | -- |
| holding | Earnout Options (right to buy) F3, F5 | -- | -- | -- |
| holding | Earnout Options (right to buy) F4, F5 | -- | -- | -- |
| holding | Earnout Shares F5 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 646,182 contracts (Direct);
Earnout Options (right to buy) — 134,618 contracts (Direct);
Earnout Shares — 10,653 contracts (Direct);
Common Stock — 51,150 shares (Direct)
Footnotes (5)
- F1. Fully vested.
- F2. These options vested as to 25% of the underlying shares on the first anniversary of the original date of grant by General Fusion Inc. (the "Legacy Company"), or in the case of Earnout Options, the first anniversary of the original date of grant of the associated option award, with the remaining shares vesting in 12 substantially equal quarterly installments thereafter. All underlying shares that vested prior to the closing of the Legacy Company's business combination with Spring Valley Acquisition Corp. III (the "Business Combination") remained vested following their exchange for options of General Fusion Group Ltd. (the "Company"), and the Earnout Options associated with each option award retained the vesting history of the associated option award.
- F3. These options vested as to 50% of the underlying shares on the original date of grant by the Legacy Company, or in the case of Earnout Options, the first anniversary of the original date of grant of the associated option award, with the remaining shares vesting in 12 substantially equal quarterly installments thereafter. All underlying shares that vested prior to the closing of the Business Combination remained vested following their exchange for options of the Company, and the Earnout Options associated with each option award retained the vesting history of the associated option award.
- F4. These options vest as to 25% of the underlying shares on the first anniversary of the original date of grant by the Legacy Company, or in the case of Earnout Options, the first anniversary of the original date of grant of the associated option award, with the remaining shares vesting in 12 substantially equal quarterly installments thereafter.
- F5. Earnout Shares, including the Earnout Shares underlying the Earnout Options, consist of a substantially equal number of Class A Earnout Shares, Class B Earnout Shares, and Class C Earnout Shares, which will automatically convert into common shares of the Company if, on or before July 10, 2031, the volume weighted average price of the Company's common shares equals or exceeds each of $15.00, $20.00 and $25.00, respectively, for any 20 trading days within any period of 30 consecutive trading days.
Key Figures
Direct common shares: 51,150 shares
Earnout Shares held: 10,653 shares
Stock options at $0.5300: 325,520 underlying shares at $0.5300
+4 more
7 metrics
Direct common shares
51,150 shares
Common Stock position reported as directly held following the Form 3
Earnout Shares held
10,653 shares
Earnout Shares that may convert into common shares if price targets are met by July 10, 2031
Stock options at $0.5300
325,520 underlying shares at $0.5300
Stock Option (right to buy) expiring 2035-08-06 over common shares
Stock options at $8.9500
290,732 underlying shares at $8.9500
Stock Option (right to buy) expiring 2036-05-27 over common shares
Earnout Options package
67,816 underlying Earnout Shares at $0.0100
Earnout Options (right to buy) expiring 2031-07-10, subject to earnout conditions
Option exercise price range
$0.0100 to $9.0600
Range of exercise prices across reported stock options and Earnout Options
Reported holding entries
11 entries
Number of holding lines, including common stock, Earnout Shares and derivative positions
Key Terms
Earnout Shares, Earnout Options, volume weighted average price, Business Combination
4 terms
Earnout Options financial
"Earnout Options (right to buy) with underlying Earnout Shares and $0.0100 exercise price"
volume weighted average price market
"if the volume weighted average price of the Company's common shares equals or exceeds"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Business Combination financial
"prior to the closing of the Legacy Company's business combination with Spring Valley"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity holdings does GFUZ CSO Megan R. Wilson report on this Form 3?
Megan R. Wilson reports direct ownership of 51,150 common shares and 10,653 Earnout Shares. In addition, she holds multiple option and Earnout Option positions over General Fusion Group Ltd. securities, which provide the right to acquire further shares if vesting and performance conditions are satisfied.
What stock options does Megan R. Wilson hold in General Fusion Group (GFUZ)?
Wilson holds several stock options over General Fusion common shares at exercise prices from $0.5300 to $9.0600. These include large grants over 325,520 shares at $0.5300 and 290,732 shares at $8.9500, expiring between 2032 and 2036, all reported as directly held.
What vesting terms apply to Megan R. Wilson's options at GFUZ?
Wilson’s option grants generally vest over time in scheduled installments. Footnotes describe structures such as 25% vesting on the first anniversary or 50% on the grant date, with remaining shares vesting in 12 substantially equal quarterly installments, and Earnout Options mirroring the associated option awards’ vesting history.
Does Megan R. Wilson’s GFUZ Form 3 show any recent stock purchases or sales?
The Form 3 lists holdings but does not report any buy or sell transactions. All entries are characterized as holdings, with no acquired or disposed transaction codes, indicating this is an initial statement of existing positions rather than a record of new market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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