Indonesia Energy (NASDAQ: INDO) director holds vested options for 20,000 shares
Rhea-AI Filing Summary
Indonesia Energy Corp Ltd director Husein Mochtar has reported his derivative holdings in the company. He holds options granted on December 16, 2024 to purchase 20,000 ordinary shares at $2.79 per share. These options were fully vested and exercisable on that grant date, expire on December 16, 2034, and had not been exercised as of March 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Husein Mochtar
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
Holdings After Transaction:
Options — 20,000 shares (Direct)
Footnotes (1)
- F1. Represents options granted on December 16, 2024 under the Issuer's 2018 Omnibus Equity Incentive Plan to purchase 20,000 ordinary shares of the Issuer at $2.79 per share, which were fully vested and exercisable on December 16, 2024, with expiry on December 16, 2034. On March 27, 2026, such options have not been exercised.
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FAQ
What insider position does INDO director Husein Mochtar report on this Form 3?
Husein Mochtar reports holding options linked to 20,000 ordinary shares of Indonesia Energy Corp Ltd. These options represent a right to buy shares at a preset price rather than current ownership of the underlying stock itself.
What are the key terms of Husein Mochtar’s INDO stock options?
The options allow purchase of 20,000 ordinary shares at $2.79 per share. They were granted December 16, 2024, fully vested immediately, and provide a long-dated right to acquire shares under specified conditions.
When do Husein Mochtar’s Indonesia Energy (INDO) options expire?
The options reported by Husein Mochtar expire on December 16, 2034. Until that date, and subject to plan terms, he may choose whether and when to exercise them to acquire ordinary shares at $2.79 per share.
Have the INDO options reported by Husein Mochtar been exercised yet?
The options had not been exercised as of March 27, 2026. This means he retained only the right to buy 20,000 ordinary shares at $2.79 each, without converting that right into actual share ownership.
Are Husein Mochtar’s INDO options fully vested and exercisable?
Yes, the options were fully vested and exercisable on December 16, 2024. Full vesting means there are no remaining service or time conditions before he can decide to exercise and acquire ordinary shares at the fixed price.