Imperial Petroleum (IMPP) interim CFO reports stock and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Imperial Petroleum Interim CFO Sakellari Ifigeneia has filed an initial ownership report showing existing positions in the company. She directly holds 24,166 shares of common stock and 66 shares of 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock.
She also holds stock options over 1,000 common shares at an exercise price of $3.6000 per share expiring on April 12, 2034, with 50% currently vested and the remaining 50% vesting on April 12, 2026 subject to continuous service. Additional fully vested options cover 12,500 common shares at $1.6000 per share expiring on October 30, 2033.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sakellari Ifigeneia
Role
Interim CFO
| 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) — 1,000 shares (Direct);
Common Stock — 24,166 shares (Direct);
8.75% Series A Cumulative Redeemable Perp. Preferred Stock — 66 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 does the Imperial Petroleum (IMPP) Form 3 filing show for Ifigeneia Sakellari?
The Form 3 shows Interim CFO Ifigeneia Sakellari’s existing ownership in Imperial Petroleum, including common shares, preferred shares, and stock options. It reflects current holdings only, not new market transactions or recent purchases or sales of the company’s securities.
What stock options does the Imperial Petroleum (IMPP) Interim CFO report on Form 3?
She reports options over 1,000 common shares at an exercise price of $3.6000 expiring on April 12, 2034, and additional options over 12,500 common shares at $1.6000 expiring on October 30, 2033, all held as direct ownership positions.
What is the vesting schedule for the Imperial Petroleum (IMPP) options at $3.6000?
For the 1,000-share option at $3.6000, 50% of the shares are already vested and exercisable. The remaining 50% vest and become exercisable on April 12, 2026, provided the Interim CFO maintains continuous service with Imperial Petroleum through that date.
Are the Imperial Petroleum (IMPP) stock options at $1.6000 fully vested?
Yes. The option over 12,500 common shares with an exercise price of $1.6000 per share is described as fully vested. These options remain outstanding and exercisable through their stated expiration date of October 30, 2033, according to the filing disclosure.
Does the Imperial Petroleum (IMPP) Interim CFO hold any preferred stock?
Yes. The Interim CFO directly holds 66 shares of Imperial Petroleum’s 8.75% Series A Cumulative Redeemable Perpetual Preferred Stock. This preferred position is in addition to her common stock and stock option holdings reported in the same Form 3 filing.