Form 4: John Jubilee awarded two 1,000,000-share options at $0.73
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
I-ON Digital Corp. (IONI) director John Jubilee reported two stock option grants on 10/06/2025. Each option covers 1,000,000 shares of common stock with an exercise price of $0.73 and an expiration date of 10/05/2035.
Vesting terms differ: one option vests in equal quarterly installments over two years from the grant date, while the other vests 100% upon achievement of certain performance metrics approved by the Board of Directors. The filing lists Direct (D) ownership for both awards and shows 0 derivative securities beneficially owned following the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Jubilee John
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,000,000 | $0.00 | -- |
| Grant/Award | Stock Option | 1,000,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 0 shares (Direct)
Footnotes (1)
- Options vest in equal quarterly installments over two years from date of grant. 100% vested upon achievement of certain performance metrics as approved by the Board of Directors
FAQ
What did IONI disclose in this Form 4?
A director, John Jubilee, reported two stock option grants, each for 1,000,000 shares at an exercise price of $0.73, granted on 10/06/2025.
What are the vesting terms for the new options at IONI?
One option vests in equal quarterly installments over two years; the other vests 100% upon achieving Board-approved performance metrics.
What is the expiration date of the IONI stock options?
Both options expire on 10/05/2035.
How many derivative securities does the reporting person hold after the transactions?
The filing lists 0 derivative securities beneficially owned following the reported transactions.
What is the ownership form for these IONI options?
The ownership form is reported as Direct (D) for both option grants.
What is the exercise price of the IONI options?
Each option has an exercise price of $0.73 per share.