Nova Minerals (NVA) secretary reports option and share holdings
Rhea-AI Filing Summary
Nova Minerals Ltd officer Ian Craig Pamensky, the company’s Secretary, has filed an initial ownership report showing his equity position. Through Lorian Pty Ltd, over which he has voting and investment control, he indirectly holds four classes of stock options, each linked to 250,000 Ordinary Shares at an exercise price of $0.4500 per share, expiring on December 23, 2028. According to the notes, some of these options are already fully vested and exercisable, while others will vest only if specified operational and sales milestones are achieved by the end of 2026, with those milestones not yet met as of the report date. He also indirectly holds 45,000 Ordinary Shares through Lorian Pty Ltd and directly holds 55,618 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Stock Option (right to buy) | -- | -- | -- |
| holding | Class B Stock Option (right to buy) | -- | -- | -- |
| holding | Class C Stock Option (right to buy) | -- | -- | -- |
| holding | Class D Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares, no par value | -- | -- | -- |
| holding | Ordinary Shares, no par value | -- | -- | -- |
Footnotes (4)
- F1. The reporting person has voting and investment control of this entity due to being a director and shareholder of this entity.
- F2. The shares subject to the option are fully vested and currently exercisable.
- F3. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.
- F4. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.
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