Nomad Foods grants 1M options to co-chair
Gottesman Noam reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Gottesman Noam reported acquisition or exercise transactions in this Form 4 filing.
Nomad Foods director and co-chair Noam Gottesman reported a compensation-related award of stock options. He received 1,000,000 stock options to buy Ordinary Shares at $10.14 per share, expiring on May 7, 2031. The options vest only if he meets co-investment requirements under the Issuer's Co-Investment and Share Option Matching Sub Plan between May 5, 2025 and June 5, 2027, and the company achieves a specified share price performance target during the period from May 7, 2026 to May 7, 2031. Vesting, if it occurs, will be on the later of May 7, 2029 or achievement of that performance target.
Following the reported positions, Gottesman holds 3,871,541 Ordinary Shares directly and 6,708,560 Ordinary Shares indirectly through TOMS Capital Investments LLC. The footnote states he controls, and indirectly owns, 100% of that LLC's interests in these shares and disclaims beneficial ownership to the extent of his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options (Right to Buy) | 1,000,000 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. These shares are held indirectly by TOMS Capital Investments LLC, a Delaware limited liability company through a wholly-owned subsidiary. The Reporting Person controls, and indirectly owns, 100% of TOMS Capital Investments LLC's interests in these shares. The Reporting Person disclaims beneficial ownership of such shares to the extent of his pecuniary interest therein.
- F2. Subject to (i) the Reporting Person satisfying the share purchase component under the Issuer's Co-Investment and Share Option Matching Sub Plan (the "Sub Plan") between May 5, 2025 and June 5, 2027 and (ii) the Issuer's achievement of the share price performance target during the period beginning May 7, 2026 and ending on May 7, 2031 (the "Performance Period"), the Options will vest and become exercisable, if at all, on the later of (x) May 7, 2029 and (y) the achievement of the specified share price performance target during the Performance Period.
Key Figures
Key Terms
Performance Period financial
stock options (Right to Buy) financial
beneficial ownership financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nomad Foods (NOMD) director Noam Gottesman receive in this Form 4?
What conditions apply to Noam Gottesman’s 1,000,000 Nomad Foods (NOMD) stock options?
When will Noam Gottesman’s Nomad Foods (NOMD) options vest and become exercisable?
What is the exercise price and expiration date of the Nomad Foods (NOMD) options granted to Noam Gottesman?
AI-generated analysis. How Rhea-AI works. Not financial advice.