Klarna Group plc (KLAR) COO discloses ordinary shares, options and large warrant positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Klarna Group plc Chief Operating Officer Camilla Giesecke has filed an initial Form 3 reporting her equity interests in the company. She holds 50,355 Klarna Group plc ordinary shares directly, along with multiple option and warrant awards over additional ordinary shares.
The filing lists Larkan AB restricted stock units and warrants over subsidiaries Larkan IV AB, Larkan V AB and Larkan X AB, together covering underlying amounts such as 619,056, 634,248 and 224,844 Klarna ordinary shares, plus several Klarna Group plc option grants over 212,520, 211,584, 410,712 and 913,020 underlying ordinary shares. Footnotes note these instruments vest over time and have exercise prices stated in SEK, and also state that Giesecke beneficially owns Class B shares with ten votes per share that are not transferable and not convertible into ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Giesecke Camilla
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Larkan AB Restricted Stock Units | -- | -- | -- |
| holding | Larkan SPV Warrants L4:1 | -- | -- | -- |
| holding | Larkan SPV Warrant L5:2 | -- | -- | -- |
| holding | Larkan SPV Warrants L10:2 | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Options | -- | -- | -- |
| holding | Klarna Group plc Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Larkan AB Restricted Stock Units — 0 shares (Direct);
Larkan SPV Warrants L4:1 — 619,056 shares (Direct);
Larkan SPV Warrant L5:2 — 634,248 shares (Direct);
Larkan SPV Warrants L10:2 — 224,844 shares (Direct);
Klarna Group plc Options — 212,520 shares (Direct);
Klarna Group plc Ordinary Shares — 50,355 shares (Direct)
Footnotes (1)
- In addition to the ordinary shares reported in this Form 3, the reporting person also beneficially owns a number of the Klarna Group plcs (the Issuer) Class B shares. Each Class B share is entitled to 10 votes per share. Class B shares are not transferable and are not exchangeable for or convertible into ordinary shares. Represents 4,192 restricted stock units in Larkan AB (Larkan), an indirect subsidiary of Klarna Group plc (the Issuer). Once shares of Larkan are delivered in settlement of the restricted stock units, approximately four shares of Larkan are convertible into one Klarna Group plc ordinary share (Shares). Restricted Stock Units in Larkan vest quarterly, at a total vesting of 25% of the initial grant per year. Represents warrants to acquire 51,588 shares of Larkan IV AB, a direct subsidiary of the Issuer. Each underlying share of Larkan IV AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 619,056 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027. Represents warrants to acquire 52,854 shares of Larkan V AB, a direct subsidiary of the Issuer. Each underlying share of Larkan V AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 634,248 Shares being subject to the warrant, that is vesting annually by 20% for a period of four years with an additional 20% vesting on August 27, 2027. Represents warrants to acquire 18,737 shares of Larkan X AB, a direct subsidiary of the Issuer. Each underlying share of Larkan X AB is convertible into approximately twelve Shares based on a formula set forth in the applicable award agreement, resulting in 224,844 Shares being subject to the warrant, that is vesting annually in equal installments. Represents an option to acquire Shares that vest in four equal annual installments beginning on the first anniversary of the grant date. This is in SEK.
FAQ
What does Camilla Giesecke’s Form 3 show for Klarna Group plc (KLAR)?
The Form 3 shows COO Camilla Giesecke’s initial beneficial ownership in Klarna Group plc. She holds 50,355 ordinary shares directly, plus a range of options, warrants and restricted stock units linked to additional Klarna ordinary shares that vest over time.
What stock options in Klarna Group plc does Camilla Giesecke report holding?
She reports several Klarna Group plc option grants over ordinary shares, including tranches covering 212,520, 211,584, 410,712 and 913,020 underlying shares. These options have exercise prices stated in SEK and vest in installments over multiple years, with expirations extending to 2029.
What are the Larkan AB restricted stock units mentioned in the Klarna Form 3?
The filing notes 4,192 restricted stock units in Larkan AB, an indirect Klarna subsidiary. Once Larkan shares are delivered, approximately four Larkan shares convert into one Klarna Group plc ordinary share, with the restricted stock units vesting quarterly at 25% of the initial grant per year.
Klarna Group plc