Klarna CTO reports options and warrant holdings
Klarna Group plc filed an initial ownership report for Chief Technology Officer Shaer Yaron, detailing his equity interests in the company.
Rhea-AI Filing Summary
Klarna Group plc filed an initial ownership report for Chief Technology Officer Shaer Yaron, detailing his equity interests in the company. The filing shows direct ownership of 1,023 Klarna ordinary shares, along with multiple option and warrant awards over Klarna Group plc ordinary shares.
These include warrants over 879,492 and 833,676 Klarna shares via Larkan V AB and Larkan IV AB, plus additional warrants and options over tens of thousands of underlying shares that vest over time. The filing also notes beneficial ownership of non-transferable Class B shares with 10 votes per share that are not convertible into ordinary shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
Shaer Yaron
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Larkan AB Restricted Stock Units | -- | -- | -- |
| holding | Larkan SPV Warrants L4:1 | -- | -- | -- |
| holding | Larkan SPV Warrants L5:2 | -- | -- | -- |
| holding | Larkan SPV Warrants L10:1 | -- | -- | -- |
| 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 contracts (Direct);
Larkan SPV Warrants L4:1 — 833,676 contracts (Direct);
Larkan SPV Warrants L5:2 — 879,492 contracts (Direct);
Larkan SPV Warrants L10:1 — 23,196 contracts (Direct);
Larkan SPV Warrants L10:2 — 125,088 contracts (Direct);
Klarna Group plc Options — 1,962,168 contracts (Direct);
Klarna Group plc Ordinary Shares — 1,023 shares (Direct)
Footnotes (8)
- F1. In addition to the ordinary shares reported in this Form 3, the reporting person 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.
- F2. Represents 4,132 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.
- F3. Represents warrants to acquire 69,473 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 833,676 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.
- F4. Represents warrants to acquire 73,291 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 879,492 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.
- F5. Represents warrants to acquire 1,933 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 23,196 Shares being subject to the warrant, that is vesting annually in equal installments.
- F6. Represents warrants to acquire 10,424 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 125,088 Shares being subject to the warrant, that is vesting annually in equal instalments.
- F7. Represents an option to acquire Shares that vest in four equal annual instalments beginning on the first anniversary of the grant date.
- F8. This is in SEK.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Klarna Group plc (KLAR) disclose in Shaer Yaron’s Form 3?
Klarna Group plc’s Form 3 for CTO Shaer Yaron discloses his initial beneficial ownership. It lists 1,023 ordinary shares plus a series of options and warrants over Klarna Group plc ordinary shares, specifying exercise prices, expiration dates, and underlying share amounts for each award.
AI-generated analysis. How Rhea-AI works. Not financial advice.
