Imperial Petroleum (IMPP) director discloses stock and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Imperial Petroleum Inc. director Kostogiannis Ioannis has reported his initial ownership position. The filing shows 16,469 shares of Common Stock and 235 shares of 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock held directly. He also holds stock options over 3,000 Common shares at an exercise price of 3.6000, with 50% already vested and the remainder vesting on April 12, 2026, and fully vested options over 12,500 Common shares at an exercise price of 1.6000. The entry reflects holdings only and does not report new buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kostogiannis Ioannis
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | 8.75% Series A Cumulative Redeemable Perp. Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,000 shares (Direct);
Common Stock — 16,469 shares (Direct);
8.75% Series A Cumulative Redeemable Perp. Preferred Stock — 235 shares (Direct)
Footnotes (1)
- 50% of the shares subject to such option are vested and exercisable. The remaining 50% of the shares subject to such option vest and become exercisable on April 12, 2026, subject to the Reporting Person's continuous service to the Issuer on such date. Fully vested.
FAQ
What insider position does Kostogiannis Ioannis report in Imperial Petroleum (IMPP)?
Kostogiannis Ioannis reports an initial position as a director of Imperial Petroleum, holding 16,469 Common Stock shares and 235 shares of 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock, plus stock options over additional Common shares at set exercise prices.
What are the vesting terms of the Imperial Petroleum (IMPP) stock options at $3.6000?
For the option with a $3.6000 exercise price, 50% of the 3,000 underlying shares are vested and exercisable. The remaining 50% vest and become exercisable on April 12, 2026, subject to the director’s continuous service to the company until that date.
Are any of the Imperial Petroleum (IMPP) director’s stock options already fully vested?
Yes. The stock option covering 12,500 Common Stock shares at a $1.6000 exercise price is fully vested. This means all 12,500 underlying shares are currently exercisable, subject to the option’s stated expiration date and other standard plan conditions.