Lumexa Imaging CMO reports stock options at $18.5 strike
Lumexa Imaging Holdings, Inc. disclosed stock option holdings for its Chief Medical Officer, who is an officer of the company.
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Rhea-AI Filing Summary
Lumexa Imaging Holdings, Inc. disclosed stock option holdings for its Chief Medical Officer, who is an officer of the company. The filing shows two stock options, each giving the right to buy 194,444 shares of common stock at an exercise price of $18.5 per share, both expiring on 12/10/2035.
One option vests annually in five substantially equal installments starting from a vesting commencement date of August 1, 2025, conditioned on continued service. The other option vests in three substantially equal installments if the share price reaches targets of $27.00, $36.00, and $45.00 per share, based on the volume weighted average closing price over any consecutive 60 trading days after a 180-day lock-up period, also requiring continued service. The filing notes it was submitted late due to delays in receiving EDGAR codes.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Footnotes (2)
- F1. The shares of the Issuer's common stock ("Common Stock") subject to the stock option vest annually in five substantially equal installments from the vesting commencement date of August 1, 2025, subject to the Reporting Person's continued service with the Issuer.
- F2. The shares of Common Stock subject to the stock option will vest in three substantially equal installments upon the attainment of three prescribed stock price targets of $27.00, $36.00 and $45.00 per share, which targets are measured based on the volume weighted average closing price per share of Common Stock over any consecutive sixty (60) trading day period, with the measurement period commencing on the first business day immediately following the expiration of the 180-day lock-up period, subject to the Reporting Person's continued service with the Issuer.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings did Lumexa Imaging Holdings, Inc. (LMRI) report in this filing?
What is the role of the reporting person at Lumexa Imaging Holdings, Inc. (LMRI)?
How do the time-based stock options for LMRI’s Chief Medical Officer vest?
What are the performance-based vesting conditions for the LMRI stock options?
Why was this Lumexa Imaging Holdings, Inc. (LMRI) insider filing submitted late?
AI-generated analysis. How Rhea-AI works. Not financial advice.