Intl Battery Metals CEO reports RSU holdings
International Battery Metals Ltd. filed a Form 3 showing that Chief Executive Officer and director Joseph A. Mills beneficially owns restricted equity awards in the company.
Rhea-AI Filing Summary
International Battery Metals Ltd. filed a Form 3 showing that Chief Executive Officer and director Joseph A. Mills beneficially owns restricted equity awards in the company. He holds 1,000,000 Restricted Share Units (RSUs) granted on April 7, 2025, which vest in full on April 7, 2026, under the company’s Amended and Restated Restricted Share Unit Plan. He also holds 2,000,000 Performance Based Restricted Share Units (PBRSUs) granted on the same date, which vest upon completion and deployment of two additional Direct Lithium Extraction plants, subject to the related agreement. Each RSU and each PBRSU represents a contingent right to receive one common share.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Performance Based Restricted Share Units | -- | -- | -- |
Footnotes (4)
- F1. Represents Restricted Share Units ("RSUs") granted on April 7, 2025 under International Battery Metals Ltd.'s (the "Issuer") Amended and Restated Restricted Share Unit Plan (as amended, the "Plan") and vests in full on April 7, 2026.
- F2. Each RSU represents a contingent right to receive one Common Share.
- F3. Represents Performance Based Restricted Share Units ("PBRSUs") granted on April 7, 2025, under the Plan, which shall vest upon completion of and deployment of two additional Direct Lithium Extraction Plants, subject to the terms of the associated Restricted Share Unit Agreement.
- F4. Each PBRU represents a contingent right to receive one Common Share.
FAQ
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What does the IBATF Form 3 filing disclose for CEO Joseph A. Mills?
What are the vesting conditions for IBATF performance-based RSUs held by the CEO?
What does each IBATF RSU and PBRSU represent in this Form 3 filing?
What roles does Joseph A. Mills hold at International Battery Metals Ltd.?
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