CFO equity awards at Frontier Nuclear & Minerals (FNUC) detailed
Rhea-AI Filing Summary
Frontier Nuclear & Minerals Inc. disclosed Chief Financial Officer Nazareth Nikhil Kyle’s initial equity holdings. He holds stock options over 50,000 common shares at an exercise price of $3.08 per share, expiring on February 23, 2031, vesting 50% on February 23, 2027 and 50% on February 23, 2028. He also has restricted stock units (RSUs) over 8,209 common shares that vest on the later of July 1, 2026 or a date he elects within the plan’s allowed period, and a separate 10,000 RSU grant that vests based on the earlier of January 1, 2027 or the company’s market capitalization exceeding US$150,000,000 for 10 consecutive trading days. The RSUs do not expire and each RSU represents a contingent right to receive one common share or the cash equivalent, with certain awards eligible for immediate vesting upon a change of control or board-approved acceleration.
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FAQ
What equity awards does Frontier Nuclear (FNUC) CFO Nazareth Nikhil Kyle hold?
How do the Frontier Nuclear (FNUC) CFO stock options vest and when do they expire?
What are the vesting terms for the 8,209 RSUs held by the Frontier Nuclear (FNUC) CFO?
How are the 10,000 performance-based RSUs for Frontier Nuclear (FNUC) CFO structured?
Do Frontier Nuclear (FNUC) RSUs held by the CFO expire or convert automatically into shares?
Under what conditions can Frontier Nuclear (FNUC) CFO RSUs vest immediately?