Kazia Therapeutics (KZIA) executive reports 380K share options on Form 3
Rhea-AI Filing Summary
Kazia Therapeutics Program Director Jeremy Simpson filed an initial Form 3 reporting existing option holdings in the company. He holds options over 280,000 ordinary shares with a $0.1061 exercise price expiring on March 3, 2027, and options over 100,000 ordinary shares with a $0.6651 exercise price expiring on February 1, 2027. Footnotes explain these options were granted in 2022 and 2023 and vest in scheduled installments, reflecting compensation awards rather than new market transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Simpson Jeremy
Role
Program Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Ordinary Shares Option (Right to Buy) | -- | -- | -- |
| holding | Ordinary Shares Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares Option (Right to Buy) — 380,000 shares (Direct)
Footnotes (3)
- F1. The Ordinary Shares subject to the option ("OS option") vest in four equal semi-annual installments beginning on March 3, 2023, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The OS option was granted on March 3, 2023.
- F2. The exercise price is reported in U.S. dollars and reflects the conversion from AUD to USD at an exchange rate of 0.7075 USD per 1.00 AUD as of March 18, 2026.
- F3. The Ordinary Shares subject to the OS option vest in four equal annual installments beginning on February 1, 2022, subject to the Reporting Person's continuous service relationship with the Issuer through each applicable vesting date. The OS option was granted on February 1, 2022.
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FAQ
What does Jeremy Simpson report in his Form 3 for KZIA?
Jeremy Simpson reports existing options to buy Kazia Therapeutics ordinary shares. These include 280,000 shares at $0.1061 and 100,000 shares at $0.6651, representing prior equity compensation awards that vest over time rather than new share purchases or sales.
What are the exercise prices and expirations of Simpson’s KZIA options?
One option grant has a $0.1061 exercise price and expires on March 3, 2027. The other has a $0.6651 exercise price and expires on February 1, 2027. Both are options on Kazia Therapeutics ordinary shares held as derivative positions.
How do Jeremy Simpson’s KZIA options vest over time?
The 280,000-share option vests in four equal semi-annual installments starting March 3, 2023. The 100,000-share option vests in four equal annual installments starting February 1, 2022. Each vesting date requires Simpson’s continuous service with Kazia Therapeutics through that date.
Do Jeremy Simpson’s reported KZIA holdings indicate recent buying or selling?
The filing lists holdings, not recent trades, and shows no explicit buy or sell transactions. It discloses outstanding options previously granted as compensation, with vesting schedules and exercise prices, providing a snapshot of his existing derivative position in Kazia Therapeutics.