Jill Sommers of Miami International (MIAX) lists fully vested stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. director Jill E. Sommers filed an initial ownership report showing vested stock option holdings in MIAX common stock. The filing lists three nonqualified stock option awards, each giving the right to buy shares at fixed exercise prices before specified expiration dates.
One option covers 2,709 underlying common shares at an exercise price of $20.60 per share, expiring on December 28, 2033. A second option covers 8,792 underlying shares at $20.00 per share, expiring on March 31, 2034. A third option covers 8,306 underlying shares at $22.34 per share, expiring on March 4, 2035. A footnote states that all of these options are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Sommers Jill E.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nonqualified Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Nonqualified Stock Option (Right to Buy) — 2,709 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Option 1 underlying shares: 2,709 shares
Option 1 exercise price: $20.60/share
Option 2 underlying shares: 8,792 shares
+3 more
6 metrics
Option 1 underlying shares
2,709 shares
Nonqualified Stock Option at $20.60, expiring December 28, 2033
Option 1 exercise price
$20.60/share
Nonqualified Stock Option, expiration December 28, 2033
Option 2 underlying shares
8,792 shares
Nonqualified Stock Option at $20.00, expiring March 31, 2034
Option 2 exercise price
$20.00/share
Nonqualified Stock Option, expiration March 31, 2034
Option 3 underlying shares
8,306 shares
Nonqualified Stock Option at $22.34, expiring March 4, 2035
Option 3 exercise price
$22.34/share
Nonqualified Stock Option, expiration March 4, 2035
Key Terms
Nonqualified Stock Option (Right to Buy), Form 3, underlying security shares, exercise price, +1 more
5 terms
Nonqualified Stock Option (Right to Buy) financial
"security_title: Nonqualified Stock Option (Right to Buy)"
Form 3 regulatory
"INSIDER FILING DATA (Form 3)"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
exercise price financial
"conversion_or_exercise_price: "22.3400""
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.
fully vested financial
"The options are fully vested."
FAQ
What does the MIAX Form 3 filed by Jill E. Sommers show?
The Form 3 shows Jill E. Sommers’ existing holdings of fully vested nonqualified stock options in MIAMI INTERNATIONAL HOLDINGS, INC. It lists three option grants, each with a specific exercise price, number of underlying MIAX common shares, and long-dated expiration.
What are the exercise prices of Jill Sommers’ MIAX stock options?
Jill Sommers’ MIAX stock options have exercise prices of $20.00, $20.60, and $22.34 per share. Each price applies to a separate fully vested option award, with its own number of underlying common shares and expiration date extending into 2033, 2034, and 2035.
When do Jill Sommers’ MIAX nonqualified stock options expire?
Her MIAX nonqualified stock options expire on December 28, 2033, March 31, 2034, and March 4, 2035. Each expiration date corresponds to a different fully vested option grant, providing staggered long-term opportunities to purchase MIAX common stock at preset prices.
Are Jill Sommers’ MIAX stock options fully vested according to the Form 3?
Yes. A footnote in the Form 3 states that the reported nonqualified stock options are fully vested. This means Sommers has already satisfied any vesting conditions and can choose whether to exercise these options for MIAX common stock before their respective expiration dates.