OKYO (NASDAQ: OKYO) CMO Mantelli reports multi-year option holdings in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
OKYO Pharma Ltd filed a Form 3 for Chief Medical Officer Flavio Mantelli, disclosing his holdings of company share options. The filing lists four option positions over common stock, each tied to 187,500 underlying shares.
All options carry an exercise price of $1.96 per share and an expiration date in 2036. The options have scheduled exercise (vesting) dates in 2027, 2028, 2029, and 2030, showing when they become exercisable if conditions are met. This Form 3 records Mantelli’s existing derivative holdings rather than any new market transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Mantelli Flavio
Role
CHIEF MEDICAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
Holdings After Transaction:
Options — 187,500 shares (Direct, null)
Footnotes (1)
Key Figures
Options tranche 1 underlying shares: 187,500 shares
Options tranche 2 underlying shares: 187,500 shares
Options tranche 3 underlying shares: 187,500 shares
+5 more
8 metrics
Options tranche 1 underlying shares
187,500 shares
Underlying common stock for first option holding
Options tranche 2 underlying shares
187,500 shares
Underlying common stock for second option holding
Options tranche 3 underlying shares
187,500 shares
Underlying common stock for third option holding
Options tranche 4 underlying shares
187,500 shares
Underlying common stock for fourth option holding
Exercise price
$1.96 per share
Conversion or exercise price for all reported options
First scheduled exercise date
2027-02-10
Earliest exercise date among reported option holdings
Latest scheduled exercise date
2030-02-10
Latest initial exercise date among reported option holdings
Options expiration date
2036-02-10
Common expiration date for all disclosed options
Key Terms
Options, Common stock, exercise price, expiration date
4 terms
Options financial
"security_title": "Options""
Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.
Common stock financial
"underlying_security_title": "Common stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
exercise price financial
"conversion_or_exercise_price": "1.9600""
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.
expiration date financial
"expiration_date": "2036-02-10T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What does the OKYO Form 3 for Flavio Mantelli show?
The Form 3 shows Chief Medical Officer Flavio Mantelli’s existing option holdings in OKYO Pharma. It lists four option positions over common stock, each linked to 187,500 underlying shares at a $1.96 exercise price, with expirations in 2036.
What is the exercise price of Flavio Mantelli’s OKYO options?
All reported options held by Flavio Mantelli have a $1.96 per share exercise price. This is the price he would pay to convert each option into OKYO common stock once the options become exercisable between 2027 and 2030.
When do Flavio Mantelli’s OKYO options become exercisable and expire?
The options have scheduled exercise dates in 2027, 2028, 2029, and 2030, indicating when they can first be exercised. Each option position shares a common expiration date in 2036, after which unexercised options lapse and can no longer be converted.
What type of securities are reported in Flavio Mantelli’s OKYO Form 3?
The Form 3 reports derivative securities in the form of options over OKYO common stock. Each option position references 187,500 underlying common shares, has a $1.96 exercise price, future exercise dates between 2027 and 2030, and a common 2036 expiration date.