Liftoff Mobile (LFTO) CEO Bondy discloses stock and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Liftoff Mobile, Inc. director and Chief Executive Officer Jeremy N. Bondy has filed an initial ownership report detailing his equity position. He directly holds 108,366 shares of common stock and multiple option grants with exercise prices of $4.84 per share expiring between 2029 and 2033.
These positions include 1,365,352 performance stock options and additional stock options over 407,810, 289,102 and 509,722 underlying shares of common stock. One option grant is fully vested, while others vest upon meeting stock price and other performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Bondy Jeremy N.
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Performance Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 509,722 shares (Direct, null);
Performance Stock Options (right to buy) — 1,365,352 shares (Direct, null);
Common Stock — 108,366 shares (Direct, null)
Footnotes (1)
- These options are fully vested. These stock options shall vest upon the satisfaction of certain performance criteria based on Issuer stock price and/or the satisfaction of other conditions.
Key Figures
Direct common shares: 108,366 shares
Performance stock options: 1,365,352 underlying shares
Stock options grant: 407,810 underlying shares
+3 more
6 metrics
Direct common shares
108,366 shares
Common Stock held directly following Form 3
Performance stock options
1,365,352 underlying shares
Performance Stock Options at $4.84 exercise price, expiring 2033-09-17
Stock options grant
407,810 underlying shares
Stock Options at $4.84 exercise price, expiring 2031-10-20
Stock options grant
289,102 underlying shares
Stock Options at $4.84 exercise price, expiring 2031-01-17
Stock options grant
509,722 underlying shares
Stock Options at $4.84 exercise price, expiring 2029-11-07
Exercise price
$4.84 per share
Exercise price for all disclosed option grants
Key Terms
Performance Stock Options, Stock Options, fully vested, performance criteria
4 terms
Performance Stock Options financial
"The security title is listed as "Performance Stock Options (right to buy)""
Stock Options financial
"Several grants are titled "Stock Options (right to buy)" with underlying shares"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
fully vested financial
"A footnote states, "These options are fully vested.""
performance criteria financial
"Footnote notes vesting upon "satisfaction of certain performance criteria based on Issuer stock price""
FAQ
What did Liftoff Mobile (LFTO) CEO Jeremy Bondy report in this Form 3?
Jeremy N. Bondy reported his initial ownership of Liftoff Mobile equity. He holds 108,366 common shares directly and several large stock option awards, including performance-based options tied to future stock price and other conditions.
What performance stock options does Liftoff Mobile (LFTO) CEO Jeremy Bondy hold?
Bondy holds performance stock options covering 1,365,352 underlying Liftoff Mobile common shares at an exercise price of $4.84. These options vest only if specified performance criteria are met, including stock price targets and other defined conditions.
What other stock options in Liftoff Mobile (LFTO) did Jeremy Bondy disclose?
He disclosed additional stock options over 407,810, 289,102 and 509,722 underlying common shares, each with a $4.84 exercise price. These options expire between 2029 and 2031, with vesting terms described in the footnotes.
Are any of Jeremy Bondy’s Liftoff Mobile (LFTO) options already fully vested?
Yes. One of Bondy’s option grants is described as fully vested. Other grants will vest only upon satisfying performance criteria related to Liftoff Mobile’s stock price and other specified conditions, as outlined in the Form 3 footnotes.