Marc Voigt details Immutep (NASDAQ: IMMP) shares and performance rights
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
IMMUTEP Ltd director and officer Marc Voigt has filed an initial ownership report showing substantial equity exposure to the company. He directly holds 14,791,695 Ordinary Shares, plus 450 additional Ordinary Shares, and 85,250 Ordinary Shares are held indirectly through JP Morgan Nominees Australia Limited.
Voigt also holds three tranches of performance rights over 1,200,000 underlying Ordinary Shares each, with a zero exercise price. According to the footnotes, 1,200,000 performance rights are scheduled to vest on December 1, 2026, and further 1,200,000-share tranches are scheduled to vest on December 1, 2027 and December 1, 2028, in each case subject to key performance indicators. The Ordinary Shares are represented by American Depositary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Voigt Marc
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance rights (right to receive) | -- | -- | -- |
| holding | Performance rights (right to receive) | -- | -- | -- |
| holding | Performance rights (right to receive) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance rights (right to receive) — 1,200,000 shares (Direct);
Ordinary Shares — 14,791,695 shares (Direct);
Ordinary Shares — 85,250 shares (Indirect, By JP Morgan Nominees Australia Limited)
Footnotes (1)
- Such Ordinary Shares are represented by American Depositary Shares. Granted on December 5, 2024. 1,200,000 performance rights will vest on December 1, 2026 and the vesting of the remaining 2,400,000 performance rights is dependent on Mr. Voigt achieving key performance indicators at the applicable vesting date. Granted on December 5, 2024. 1,200,000 performance rights will vest on December 1, 2027 and the vesting of the remaining 1,200,000 performance rights is dependent on Mr. Voigt achieving key performance indicators at the applicable vesting date. Granted on December 5, 2024. 1,200,000 performance rights will vest on December 1, 2028 and the vesting is dependent on Mr. Voigt achieving key performance indicators at the applicable vesting date.
Key Figures
Direct Ordinary Shares: 14,791,695 shares
Additional direct shares: 450 shares
Indirect Ordinary Shares: 85,250 shares
+3 more
6 metrics
Direct Ordinary Shares
14,791,695 shares
Directly held Ordinary Shares as of Form 3
Additional direct shares
450 shares
Separate direct Ordinary Share holding
Indirect Ordinary Shares
85,250 shares
Held indirectly by JP Morgan Nominees Australia Limited
Performance rights tranche 1
1,200,000 underlying shares
Performance rights vesting on December 1, 2026 at $0.0000 exercise price
Performance rights tranche 2
1,200,000 underlying shares
Performance rights vesting on December 1, 2027 at $0.0000 exercise price
Performance rights tranche 3
1,200,000 underlying shares
Performance rights vesting on December 1, 2028 at $0.0000 exercise price
Key Terms
Performance rights, Ordinary Shares, American Depositary Shares, key performance indicators
4 terms
Performance rights financial
"Performance rights (right to receive) over Ordinary Shares with vesting conditions"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
key performance indicators financial
"Vesting is dependent on Mr. Voigt achieving key performance indicators at the applicable vesting date"
Key performance indicators are specific measurements used to track how well a person, team, or organization is achieving its goals. They act like report cards, providing clear signs of progress or areas needing improvement. For investors, KPIs help assess the health and future potential of a business by highlighting its most important strengths and challenges.
FAQ
What does Marc Voigt’s Form 3 filing show for IMMUTEP (IMMP)?
The Form 3 shows Marc Voigt’s initial ownership in IMMUTEP. He reports large direct holdings of Ordinary Shares and additional indirect shares, plus multiple tranches of performance rights that may vest over time if specified key performance indicators are achieved.
What indirect IMMUTEP (IMMP) holdings are reported for Marc Voigt?
The filing shows 85,250 IMMUTEP Ordinary Shares held indirectly for Marc Voigt by JP Morgan Nominees Australia Limited. This indicates an additional layer of share ownership beyond his large direct stake, all summarized in his initial insider ownership disclosure.
When are Marc Voigt’s IMMUTEP performance rights scheduled to vest?
Footnotes state that 1,200,000 performance rights vest on December 1, 2026, with additional 1,200,000-share tranches scheduled for December 1, 2027 and December 1, 2028. Vesting is contingent on Marc Voigt achieving specified key performance indicators at each applicable vesting date.