NuCana director reports initial share holdings
NuCana plc director Levy Elliott M. filed an initial statement of beneficial ownership.
Rhea-AI Filing Summary
NuCana plc director Levy Elliott M. filed an initial statement of beneficial ownership. The filing shows direct holdings of 13 Ordinary Shares and American Depositary Shares (ADSs), where each ADS represents 5,000 Ordinary Shares.
He also reports multiple option awards over 23,811,896 and 28,631,517 Ordinary Shares at exercise prices between 0.0004 and 0.004 Pounds Sterling. Some options are already fully vested and expire between June 20, 2035 and January 14, 2036, while others are scheduled to vest in full on June 20, 2026 and January 14, 2027 subject to continued service. The filing records existing holdings rather than new market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Levy Elliott M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | American Depositary Shares | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
American Depositary Shares — 3 contracts (Direct);
Options — 104,886,826 contracts (Direct);
Ordinary Shares — 13 shares (Direct)
Footnotes (5)
- F1. Each American Depositary Share ("ADS") represents 5,000 ordinary shares, nominal value 0.0004 Pounds Sterling per share (the "Ordinary Shares"), of NuCana plc (the "Company"). ADSs have no expiration date.
- F2. The Ordinary Shares underlying this option have an exercise price of 0.004 Pounds Sterling, completed vesting on June 20, 2025 and expire June 20, 2035.
- F3. The Ordinary Shares underlying this option have an exercise price of 0.0004 Pounds Sterling and will vest in full on June 20, 2026, subject to the Reporting Person's continued service with the Company through the applicable vesting date.
- F4. The Ordinary Shares underlying this option have an exercise price of 0.0005 Pounds Sterling, completed vesting on January 14, 2026 and expire January 14, 2036.
- F5. The Ordinary Shares underlying this option have an exercise price of 0.0004 Pounds Sterling and will vest in full on January 14, 2027, subject to the Reporting Person's continued service with the Company through the applicable vesting date.
Key Figures
Ordinary Shares held: 13 shares
ADS to Ordinary ratio: 1 ADS = 5,000 Ordinary Shares
Option grant size: 23,811,896 underlying Ordinary Shares
+5 more
8 metrics
Ordinary Shares held
13 shares
Direct ownership reported in Form 3
ADS to Ordinary ratio
1 ADS = 5,000 Ordinary Shares
ADS structure for NuCana plc
Option grant size
23,811,896 underlying Ordinary Shares
Options with exercise price 0.004 Pounds Sterling
Option grant size
23,811,896 underlying Ordinary Shares
Options with exercise price 0.0004 Pounds Sterling
Option grant size
28,631,517 underlying Ordinary Shares
Options vested by January 14, 2026; expire January 14, 2036
Option grant size
28,631,517 underlying Ordinary Shares
Options vest January 14, 2027, subject to continued service
Option exercise prices
0.0004–0.004 Pounds Sterling
Exercise prices for reported NuCana option awards
Option expirations
June 20, 2035 and January 14, 2036
Expiration dates for certain option grants
Key Terms
American Depositary Share, Ordinary Shares, exercise price, vesting, +1 more
5 terms
exercise price financial
"underlying this option have an exercise price of 0.004 Pounds Sterling"
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.
vesting financial
"will vest in full on June 20, 2026, subject to the Reporting Person's continued service"
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.
expire financial
"completed vesting on January 14, 2026 and expire January 14, 2036"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does NuCana (NCNA) disclose in Levy Elliott M.’s Form 3 filing?
The Form 3 shows Levy Elliott M., a NuCana director, reporting his existing holdings. It lists Ordinary Shares, American Depositary Shares, and several large option grants over tens of millions of Ordinary Shares with very low exercise prices and defined vesting and expiration dates.
When do Levy Elliott M.’s NuCana options vest and expire?
Some options were fully vested by June 20, 2025 and January 14, 2026. Others will vest in full on June 20, 2026 and January 14, 2027, subject to continued service, with expirations on June 20, 2035 and January 14, 2036.
AI-generated analysis. How Rhea-AI works. Not financial advice.
