Liftoff Mobile (LFTO) executive discloses shares and stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Liftoff Mobile, Inc. filed a Form 3 showing the initial equity holdings of officer Tarek A. Kutrieh. He directly owns 8,937 shares of common stock. In addition, he holds several option awards giving the right to buy common stock at an exercise price of $4.84 per share, with expirations ranging through 2031 and 2033.
The filing notes that some options are fully vested, others are 80% vested with the remaining 20% vesting on June 22, 2026, and a separate block vests only if performance criteria tied to the issuer’s stock price and other conditions are satisfied. These details outline both current ownership and potential future equity if vesting and performance conditions are met.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Kutrieh Tarek A.
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| 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) — 303,559 shares (Direct);
Performance Stock Options (right to buy) — 983,643 shares (Direct);
Common Stock — 8,937 shares (Direct)
Footnotes (1)
- These options are fully vested. 80% of these options have vested, and the remaining 20% vest on June 22, 2026. 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: 8,937 shares
Performance options underlying shares: 983,643 shares
Stock options grant 1 underlying: 124,863 shares
+5 more
8 metrics
Direct common shares
8,937 shares
Direct ownership reported on Form 3
Performance options underlying shares
983,643 shares
Performance Stock Options, exercise price $4.84, expiring 2033-09-17
Stock options grant 1 underlying
124,863 shares
Stock Options (right to buy), exercise price $4.84, expiring 2031-07-15
Stock options grant 2 underlying
303,559 shares
Stock Options (right to buy), exercise price $4.84, expiring 2031-07-15
Option exercise price
$4.84 per share
Exercise price for all listed options
Vesting milestone
June 22, 2026
Remaining 20% of one option block vests on this date
Option expiration 1
July 15, 2031
Expiration date for two stock option grants
Option expiration 2
September 17, 2033
Expiration date for performance stock options
Key Terms
Performance Stock Options (right to buy), Stock Options (right to buy), Common Stock, fully vested, +1 more
5 terms
Performance Stock Options (right to buy) financial
"Security title listed as "Performance Stock Options (right to buy)" with common stock underlying."
Stock Options (right to buy) financial
"Holdings include "Stock Options (right to buy)" referencing underlying common stock."
Common Stock financial
"Common Stock appears as both directly owned shares and underlying security for options."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested financial
"A footnote states, "These options are fully vested.""
performance criteria financial
"One option award vests upon satisfaction of certain performance criteria based on issuer stock price."
FAQ
What does the Liftoff Mobile (LFTO) Form 3 filing show for Tarek A. Kutrieh?
The Form 3 shows Tarek A. Kutrieh directly owns 8,937 common shares and multiple option awards. These options give him rights to buy additional Liftoff Mobile stock at $4.84 per share, subject to vesting schedules and performance-based conditions over the coming years.
How many Liftoff Mobile (LFTO) options does Tarek A. Kutrieh hold according to this Form 3?
The filing lists several option grants, including 983,643, 124,863, and 303,559 underlying common shares. All have an exercise price of $4.84 and expire between 2031 and 2033, illustrating substantial potential future equity exposure.
What are the vesting conditions on Tarek A. Kutrieh’s Liftoff Mobile (LFTO) stock options?
One option block is described as fully vested, another as 80% vested with the remaining 20% vesting on June 22, 2026. A third tranche vests only upon meeting performance criteria tied to Liftoff Mobile’s stock price and other specified conditions.
What is the exercise price and expiration for Liftoff Mobile (LFTO) options reported in this Form 3?
All listed options have an exercise price of $4.84 per share. Expiration dates include July 15, 2031 and September 17, 2033, giving a long window in which vested options can potentially be exercised for Liftoff Mobile common stock.
Does the Liftoff Mobile (LFTO) Form 3 indicate any recent insider buying or selling?
No buy or sell transactions are identified. The Form 3 functions as an initial ownership report, detailing Kutrieh’s existing direct holdings and option positions rather than recording new purchases or sales of Liftoff Mobile securities.