MIXED MARTIAL ARTS GROUP (MMA) grants director 600,000 performance rights
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mixed Martial Arts Group Ltd director Taylor Vaughn William was granted 600,000 Performance Rights held indirectly via Nalaroo Holdings Pty Ltd. Each right converts into one ordinary share if MMA group revenue exceeds US$10,000,000 in any financial year ending on or before 30 June 2029. There is no service requirement; the rights vest immediately once the revenue condition is met and lapse entirely if it is not achieved by that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Taylor Vaughn William
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Right | 600,000 | $0.00 | -- |
Holdings After Transaction:
Performance Right — 600,000 shares (Indirect, See Footnote)
Footnotes (1)
- On 08 May 2026, the reporting person was awarded 600,000 Performance Rights under the Company's Employee Incentive Plan. Each Performance Right converts into one fully paid ordinary share of Mixed Martial Arts Group Limited upon vesting. The sole vesting condition is a revenue condition: MMA group revenue must exceed US$10,000,000 in any financial year ending on or before 30 June 2029. There is no tenure or service requirement. Rights vest immediately upon satisfaction of the revenue condition and lapse in full if the condition is not met by 30 June 2029 Held indirectly and solely via Nalaroo Holdings Pty Ltd <Lavoipierre Taylor Fam A/C>. The reporting person has voting and investment control of Nalaroo Holdings Pty Ltd due to his 100% ownership of and role as sole director of that entity.
Key Figures
Performance Rights granted: 600,000 rights
Revenue vesting threshold: US$10,000,000
Vesting deadline: 30 June 2029
+2 more
5 metrics
Performance Rights granted
600,000 rights
Award on 08 May 2026 under Employee Incentive Plan
Revenue vesting threshold
US$10,000,000
MMA group revenue in any financial year
Vesting deadline
30 June 2029
Revenue condition must be met by this date
Conversion ratio
1 share per right
Each Performance Right converts into one ordinary share upon vesting
Rights after transaction
600,000 rights
Total Performance Rights held following this grant
Key Terms
Performance Rights, Employee Incentive Plan, vesting condition, revenue condition, +1 more
5 terms
Performance Rights financial
"the reporting person was awarded 600,000 Performance Rights under the Company's Employee Incentive Plan"
Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.
Employee Incentive Plan financial
"awarded 600,000 Performance Rights under the Company's Employee Incentive Plan"
vesting condition financial
"The sole vesting condition is a revenue condition: MMA group revenue must exceed US$10,000,000"
revenue condition financial
"The sole vesting condition is a revenue condition: MMA group revenue must exceed US$10,000,000"
financial year financial
"revenue must exceed US$10,000,000 in any financial year ending on or before 30 June 2029"
FAQ
What insider award did MIXED MARTIAL ARTS GROUP LTD (MMA) report?
MIXED MARTIAL ARTS GROUP LTD reported a grant of 600,000 Performance Rights to director Taylor Vaughn William. The rights are held indirectly via Nalaroo Holdings Pty Ltd and were issued under the company’s Employee Incentive Plan at a zero exercise price.
What are the vesting conditions for the 600,000 MMA Performance Rights?
The 600,000 Performance Rights vest only if MMA group revenue exceeds US$10,000,000 in any financial year ending on or before 30 June 2029. Once this revenue condition is met, the rights vest immediately; otherwise, they lapse in full after that date.
Is there any tenure or service requirement for the MMA Performance Rights?
There is no tenure or service requirement attached to these 600,000 Performance Rights. Vesting depends solely on achieving the revenue condition, meaning only MMA group revenue performance determines whether the rights convert into ordinary shares before 30 June 2029.
How are the MMA Performance Rights held and who controls them?
The Performance Rights are held indirectly through Nalaroo Holdings Pty Ltd <Lavoipierre Taylor Fam A/C>. Taylor Vaughn William owns 100% of this entity and is its sole director, giving him both voting and investment control over the rights reported in the filing.