NICE (NICE) legal chief awarded 5,000 stock options vesting through 2030
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NICE Ltd. reported that VP, General Counsel & Corporate Secretary Levy Meir Alon received a grant of stock options. The award covers 5,000 options for Ordinary Shares with an exercise price of $0.3211 per share and an expiration date of April 1, 2032.
The options vest in substantially equal installments on April 1, 2027, April 1, 2028, April 1, 2029, and April 1, 2030. Following this grant, Alon holds a total of 5,000 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Levy Meir Alon
Role
VP, General Counsel & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options | 5,000 | $0.00 | -- |
Holdings After Transaction:
Options — 5,000 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 5,000 options
Exercise price: $0.3211 per share
Underlying shares: 5,000 Ordinary Shares
+2 more
5 metrics
Options granted
5,000 options
Grant to VP, General Counsel & Corp Sec
Exercise price
$0.3211 per share
Stock option exercise price
Underlying shares
5,000 Ordinary Shares
Shares underlying granted options
Expiration date
April 1, 2032
Option term end date
Post-grant option holdings
5,000 options
Total options following transaction
Key Terms
Grant, award, or other acquisition, stock option, vesting, Ordinary Shares, +1 more
5 terms
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
stock option financial
"The stock option will vest in substantially equal installments"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vesting financial
"will vest in substantially equal installments on April 1, 2027, April 1, 2028"
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
"conversion_or_exercise_price: 0.3211"
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.
FAQ
What insider transaction did NICE (NICE) disclose for Levy Meir Alon?
NICE disclosed that VP, General Counsel & Corporate Secretary Levy Meir Alon received a grant of 5,000 stock options. These options relate to Ordinary Shares and were awarded as a compensation grant, not as an open-market purchase or sale transaction.
How many options were granted to the NICE (NICE) executive in this Form 4?
The filing shows a grant of 5,000 stock options to the executive. Each option is tied to one Ordinary Share, giving potential future ownership of up to 5,000 shares if all options are exercised.
What is the exercise price of the options granted by NICE (NICE)?
The options carry an exercise price of $0.3211 per Ordinary Share. This is the price the executive would pay per share upon exercising the options, subject to the vesting schedule and the options remaining outstanding until exercise.
When do the newly granted NICE (NICE) options vest for Levy Meir Alon?
The stock options vest in substantially equal installments on April 1, 2027, April 1, 2028, April 1, 2029, and April 1, 2030. This staggered vesting ties the award to multi-year continued service with the company.
What is the expiration date of the NICE (NICE) stock options granted in this Form 4?
The options are scheduled to expire on April 1, 2032. After that expiration date, any unexercised options would no longer be exercisable, so potential share acquisition must occur before that deadline subject to vesting.
How many options does the NICE (NICE) executive hold after this grant?
Following the reported grant, the executive is shown as holding 5,000 options in total. This figure reflects the position after the transaction and indicates a new option position rather than changes to an existing one.