MMA director discloses 550,000 indirect shares
MIXED MARTIAL ARTS GROUP LTD director Eric Corbett has filed an initial statement of indirect holdings in the company’s ordinary shares and equity awards.
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Rhea-AI Filing Summary
MIXED MARTIAL ARTS GROUP LTD director Eric Corbett has filed an initial statement of indirect holdings in the company’s ordinary shares and equity awards. The filing shows 550,000 ordinary shares held indirectly through 1001038342 ONTARIO INC., an entity he wholly owns and controls.
In addition, he indirectly holds restricted share units tied to 50,000 ordinary shares and Class B performance rights tied to 81,579 ordinary shares, all with a zero exercise price. The restricted share units are scheduled to vest 12 months from 24 November 2025, subject to continued service, and the performance rights vest only if specified operational and financial milestones are met; none of these vesting conditions or milestones had been satisfied as of the report date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Unit | -- | -- | -- |
| holding | Class B Performance Right | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (3)
- F1. Restricted share units will vest 12 months from 24 November 2025, subject to continuing service by the reporting person through the vesting date. The vesting conditions have not been achieved as of the date of this report.
- F2. Each performance right represents the right to receive a fully paid ordinary share subject to certain operational and financial milestones prior to the expiration date. The performance rights convert into ordinary shares as soon as the milestone is met. None of the milestones have been attained as of the date of this report.
- F3. The reporting person has voting and investment control of this entity due to his 100% ownership of and role as sole director of the entity.
Key Figures
Key Terms
Class B Performance Right financial
operational and financial milestones financial
voting and investment control financial
FAQ
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What insider holdings did MMA director Eric Corbett report on Form 3?
What are the Class B Performance Rights reported by MMA’s director?
Does Eric Corbett control the entity holding his MMA securities?
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