Liftoff Mobile (LFTO) COO details 117,549 shares and major option grants
Rhea-AI Filing Summary
Liftoff Mobile, Inc. executive Andre G. Tutundjian, the Chief Operating Officer, has filed an initial ownership report detailing his equity position in the company. He directly holds 117,549 shares of Common Stock.
The filing also lists several stock option awards, each giving the right to buy Common Stock at preset prices. These include options over 130,000 shares at $9.86 per share expiring on September 4, 2034; 58,500 shares at $7.32 expiring on February 7, 2034; 97,500 shares at $7.32 expiring on June 22, 2033; 97,045 shares at $4.84 expiring on August 19, 2032; and 78,535 shares at $4.84 expiring on December 21, 2030.
Footnotes indicate that some option grants are already fully vested, while others vest in scheduled quarterly installments through and beyond June 30, 2026. The report reflects holdings rather than new purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Tutundjian Andre G.
Role
Chief Operating 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 | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options (right to buy) — 78,535 shares (Direct);
Common Stock — 117,549 shares (Direct)
Footnotes (1)
- These options are fully vested. 90,979 of these options have vested, and the remaining 6,066 vest on June 30, 2026. 73,125 of these options have vested, and the remaining 24,375 vest in four equal quarterly installments, with the first vesting on June 30, 2026. 36,563 of these options have vested, and the remaining 21,938 vest in six equal quarterly installments, with the first vesting on June 30, 2026. 48,750 of these options have vested, and the remaining 81,250 vest in ten equal quarterly installments, with the first vesting on June 30, 2026.
Key Figures
Direct Common Stock holdings: 117,549 shares
Options at $9.86: 130,000 underlying shares at $9.86
Options at $7.32 (2034): 58,500 underlying shares at $7.32
+3 more
6 metrics
Direct Common Stock holdings
117,549 shares
Shares of Common Stock directly owned after the reported date
Options at $9.86
130,000 underlying shares at $9.86
Stock options expiring September 4, 2034
Options at $7.32 (2034)
58,500 underlying shares at $7.32
Stock options expiring February 7, 2034
Options at $7.32 (2033)
97,500 underlying shares at $7.32
Stock options expiring June 22, 2033
Options at $4.84 (2032)
97,045 underlying shares at $4.84
Stock options expiring August 19, 2032
Options at $4.84 (2030)
78,535 underlying shares at $4.84
Stock options expiring December 21, 2030
Key Terms
Stock Options (right to buy), fully vested, vest in four equal quarterly installments, Chief Operating Officer, +1 more
5 terms
Stock Options (right to buy) financial
"security_title: "Stock Options (right to buy)""
fully vested financial
"These options are fully vested."
vest in four equal quarterly installments financial
"remaining 24,375 vest in four equal quarterly installments"
Chief Operating Officer financial
"officer_title: "Chief Operating Officer""
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
expiration date financial
"expiration_date: "2034-09-04T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the Liftoff Mobile (LFTO) COO’s Form 3 filing show?
The filing shows COO Andre G. Tutundjian’s existing stake, including 117,549 Common Stock shares and multiple stock option grants with exercise prices from $4.84 to $9.86 and expirations between 2030 and 2034, rather than new open-market buying or selling activity.
What stock options are reported for the Liftoff Mobile (LFTO) COO?
The COO reports stock options over several Common Stock blocks: 130,000 shares at $9.86, 58,500 and 97,500 shares at $7.32, and 97,045 and 78,535 shares at $4.84, with expiration dates ranging from December 21, 2030 to September 4, 2034.
Are the Liftoff Mobile (LFTO) COO’s options fully vested?
One option grant is fully vested, while others vest over time. Footnotes state specific portions have already vested and remaining amounts vest in equal quarterly installments, with first vesting dates on June 30, 2026 and continued vesting across several future quarters.
Does the Liftoff Mobile (LFTO) Form 3 indicate insider buying or selling?
The Form 3 presents holdings and option positions, not explicit purchases or sales. Transaction summaries show no buy or sell codes, only holdings, meaning this document primarily establishes the COO’s existing ownership and option grants rather than reporting new trading activity.
What are the exercise prices and expirations of key LFTO option grants?
Reported stock options include grants exercisable at $9.86 expiring September 4, 2034; $7.32 expiring February 7, 2034 and June 22, 2033; and $4.84 expiring August 19, 2032 and December 21, 2030, all tied to underlying Liftoff Mobile Common Stock.