Golar LNG (GLNG) CAO Dexter Chan details share options and RSUs
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Golar LNG Ltd’s Chief Accounting Officer, Dexter Chan, reported his equity holdings in a Form 3. He holds share options over 30,000 common shares at an exercise price of $32.5000 expiring on November 15, 2030, and options over 20,000 common shares at $38.6000 expiring on January 20, 2031. He also reports 1,628 common shares held directly and 4,649 time-based RSUs that are scheduled to vest in tranches during March 2027, March 2028, and March 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Chan Dexter
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share options - Nov 2024 (right to buy) | -- | -- | -- |
| holding | Share options - Jan 2026 (right to buy) | -- | -- | -- |
| holding | Common shares | -- | -- | -- |
| holding | Common shares | -- | -- | -- |
Holdings After Transaction:
Share options - Nov 2024 (right to buy) — 30,000 shares (Direct);
Share options - Jan 2026 (right to buy) — 20,000 shares (Direct);
Common shares — 1,628 shares (Direct)
Footnotes (1)
- These are time-based RSUs which vest as follows: March 2027 (2,454 units); March 2028 (1,444 units); and March 2029 (751 units). 10,000 options are vested and exercisable. The remaining options vest as follows: 10,000 on November 15, 2026 and 10,000 on November 15, 2027. Conversion price as of date of filing. The strike price for the share options granted under the scheme will normally be reduced by the amount of all dividends declared by the issuer in the period from the grant date until the date the option is exercised. These share options vest as follows: 6,667 on January 20, 2027; 6,667 on January 20, 2028; and 6,666 on January 20, 2029.
FAQ
What does the GLNG Form 3 filing by Dexter Chan show?
The Form 3 shows Chief Accounting Officer Dexter Chan’s initial equity holdings in Golar LNG. It lists his directly held common shares, time-based RSUs, and outstanding share options with specific exercise prices, share amounts, and expiration dates, giving a snapshot of his current equity-based compensation.
What RSUs does Dexter Chan hold in Golar LNG according to the filing?
The filing describes 4,649 time-based RSUs that vest in three tranches: 2,454 units in March 2027, 1,444 units in March 2028, and 751 units in March 2029. These units convert into common shares as they vest over time.