MDxHealth (NASDAQ: MDXH) grants Joseph Sollee 237,100 share options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MDxHealth SA officer Joseph Sollee reported receiving two grants of share options as equity compensation. Each option allows him to purchase ordinary shares at an exercise price of $0.76 per share.
One grant covers 154,100 share options, which vest based on Company performance criteria evaluated by the Board at the end of specified performance periods. The second grant covers 83,000 share options, vesting in three equal annual installments on each of the first three anniversaries of the grant date. Both grants have an expiration date in 2036, providing long-term incentive tied to the Company’s results and his continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sollee Joseph
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Option | 83,000 | $0.00 | -- |
| Grant/Award | Share Option | 154,100 | $0.00 | -- |
Holdings After Transaction:
Share Option — 83,000 shares (Direct, null)
Footnotes (1)
- Represents options to purchase ordinary shares at a price per share of $0.76 granted on June 1, 2026. The options vest upon the achievement of certain Company performance criteria evaluated by the Board of Directors at the end of the relevant performance periods. Represents options to purchase ordinary shares at a price per share of $0.76 granted on June 1, 2026 . The options vest in three equal installments on each of the first three anniversaries of the date of grant.
Key Figures
Option grant size: 154,100 share options
Option grant size: 83,000 share options
Exercise price: $0.76 per share
+3 more
6 metrics
Option grant size
154,100 share options
Performance-based grant to purchase ordinary shares
Option grant size
83,000 share options
Time-based grant vesting over three years
Exercise price
$0.76 per share
Conversion price for both option grants
Expiration date
May 28, 2036
Expiration for both share option grants
Performance-based vesting
End of performance periods
Vesting subject to Company performance criteria
Time-based vesting schedule
3 annual installments
On each of the first three anniversaries of grant
Key Terms
Share Option, performance criteria, vesting, exercise price, +1 more
5 terms
performance criteria financial
"vest upon the achievement of certain Company performance criteria evaluated by the Board"
vesting financial
"The options vest in three equal installments on each of the first three anniversaries"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"options to purchase ordinary shares at a price per share of $0.76"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
expiration date financial
"expiration_date": "2036-05-28T00:00:00.000Z""
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.
FAQ
What insider transaction did MDXH officer Joseph Sollee report on this Form 4?
Joseph Sollee reported receiving two grants of share options in MDxHealth SA. One grant covers 154,100 options and the other 83,000 options, both with an exercise price of $0.76 per share as part of his equity compensation.
What are the vesting conditions for Joseph Sollee’s MDXH performance-based options?
One grant of 154,100 options vests upon achievement of certain Company performance criteria. The Board of Directors evaluates these criteria at the end of the relevant performance periods, tying vesting directly to MDxHealth SA’s operational and strategic results.
How do the time-based MDXH options granted to Joseph Sollee vest?
The 83,000 MDxHealth SA share options vest in three equal installments. Vesting occurs on each of the first three anniversaries of the June 1, 2026 grant date, encouraging multi-year retention and alignment with long-term shareholder interests.
Are Joseph Sollee’s MDXH option grants open-market purchases or compensation awards?
The Form 4 describes both transactions as option grants or awards, not open-market purchases. They were issued at a $0.76 exercise price as equity compensation, classified under transaction code “A” for grant, award, or other acquisition by MDxHealth SA.