IPERIONX president granted options and rights
IPERIONX Ltd President Toby Edgcumbe Symonds reported new equity awards and updated holdings.
Rhea-AI Filing Summary
IPERIONX Ltd President Toby Edgcumbe Symonds reported new equity awards and updated holdings. He received 226,047 performance rights tied to an A$18 share price hurdle and service conditions, plus 536,521 options at A$18 and 607,244 options at A$22, each over IPX ordinary shares. These are compensation-related grants, not market purchases or sales. After these awards, he reports direct ownership of 3,188,146 ordinary shares, 110,000 American Depositary Shares, and substantial additional performance rights and restricted stock units that may convert into ordinary shares if their conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 1,369,812 shares
Grant/Award
10 txns
Insider
Symonds Toby Edgcumbe
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Rights (A$18) | 226,047 | $0.00 | $0.00 |
| Grant/Award | Options (A$18) | 536,521 | $0.00 | $0.00 |
| Grant/Award | Options (A$22) | 607,244 | $0.00 | $0.00 |
| holding | American Depository Shares (ADS) | -- | -- | -- |
| holding | Performance Rights (A$4) | -- | -- | -- |
| holding | Performance Rights (A$6) | -- | -- | -- |
| holding | Performance Rights (A$7) | -- | -- | -- |
| holding | Performance Rights (A$8) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Performance Rights (A$18) — 226,047 contracts (Direct);
Options (A$18) — 536,521 contracts (Direct);
Options (A$22) — 607,244 contracts (Direct);
American Depository Shares (ADS) — 110,000 contracts (Direct);
Performance Rights (A$4) — 1,110,000 contracts (Direct);
Performance Rights (A$6) — 415,695 contracts (Direct);
Performance Rights (A$7) — 415,695 contracts (Direct);
Performance Rights (A$8) — 415,695 contracts (Direct);
Ordinary Shares — 3,188,146 shares (Direct);
Restricted Stock Units — 703,199 shares (Direct)
Footnotes (7)
- F1. Ordinary Shares are traded on the Australian Stock Exchange (ASX).
- F2. 302,666 vest in December 2026; 400,533 vest in April 2028.
- F3. American Depository Shares are traded on the Nasdaq.
- F4. One ADS is equivalent and exchangeable into ten ordinary shares.
- F5. Australian Dollars.
- F6. Each performance right is convertible into one ordinary share after performance criteria have been met. Performance criteria are (1) four years of continuous service through 04/02/2030, and (2) IPX stock price on the ASX reaching a thirty-day volume-weighted average price (VWAP) of A$18.00.
- F7. Each option confers the right to purchase one ordinary share at the conversion price.
Key Figures
New performance rights (A$18): 226,047 rights
New options (A$18): 536,521 options
New options (A$22): 607,244 options
+5 more
8 metrics
New performance rights (A$18)
226,047 rights
Grant over IPX ordinary shares with A$18 hurdle
New options (A$18)
536,521 options
Grant to buy ordinary shares at A$18 exercise price
New options (A$22)
607,244 options
Grant to buy ordinary shares at A$22 exercise price
Ordinary shares held
3,188,146 shares
Direct IPERIONX ordinary share holdings after transactions
American Depositary Shares
110,000 ADS
Each ADS exchangeable into ten ordinary shares
Performance rights (A$4)
1,110,000 rights
Convertible into ordinary shares at A$4 after conditions
Restricted Stock Units
703,199 units
Additional equity-based compensation reported as holdings
Performance rights (A$6–A$8)
415,695 rights each block
Blocks at A$6, A$7 and A$8 over ordinary shares
Key Terms
Performance Rights, Restricted Stock Units, American Depository Shares, volume-weighted average price (VWAP), +1 more
5 terms
Performance Rights financial
"Each performance right is convertible into one ordinary share after performance criteria have been met."
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.
Restricted Stock Units financial
"Restricted Stock Units ... total shares following transaction 703199.0000"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
volume-weighted average price (VWAP) financial
"reaching a thirty-day volume-weighted average price (VWAP) of A$18.00."
Volume-weighted average price (VWAP) is the average price of a security over a trading period where each trade’s price is weighted by how many shares were traded, so larger trades pull the average more than tiny ones. Investors and traders use VWAP as a benchmark to judge whether a trade was executed at a favorable price—similar to checking whether you paid more or less than the typical price when most people were buying or selling.
thirty-day volume-weighted average price financial
"IPX stock price on the ASX reaching a thirty-day volume-weighted average price (VWAP) of A$18.00."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did IPERIONX (IPX) president Toby Symonds receive?
IPERIONX president Toby Symonds received 226,047 performance rights at an A$18 hurdle, 536,521 options at A$18, and 607,244 options at A$22. Each instrument is tied to IPX ordinary shares and reflects compensation grants, not open-market buying or selling activity.
What are the key conditions on the new A$18 performance rights at IPERIONX (IPX)?
Each A$18 performance right converts into one ordinary share after four years of continuous service through April 2, 2030 and if IPX’s ASX stock reaches a thirty-day volume-weighted average price of A$18. Both service and share-price hurdles must be satisfied for conversion.
How do the new options granted to the IPERIONX (IPX) president work?
The options granted at A$18 and A$22 each give the right to purchase one IPERIONX ordinary share at the stated conversion price. They have exercise dates in 2030 and expire in 2031, aligning long-term incentives with the company’s future share performance over several years.
What IPERIONX (IPX) derivative holdings does the president report besides the new awards?
Beyond new grants, he reports performance rights at A$4, A$6, A$7 and A$8 over blocks of 415,695 to 1,110,000 underlying shares. He also holds 703,199 restricted stock units and 110,000 American Depositary Shares, each ADS exchangeable into ten ordinary shares under the stated ratio.
AI-generated analysis. How Rhea-AI works. Not financial advice.
