Origin Materials CEO granted 500,000 stock options
Bissell John reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Bissell John reported acquisition or exercise transactions in this Form 4 filing.
Origin Materials, Inc. CEO and director John Bissell received a grant of stock options covering 500,000 shares of the company’s stock. This award increases his directly held derivative securities to 500,000 options.
According to the vesting terms, 50% of the option vests on February 17, 2027 and the remaining 50% vests on February 17, 2028, provided he continues to provide services to the company through each vesting date.
Positive
- None.
Negative
- None.
Insights
CEO receives 500,000 option grant with two-year vesting schedule.
John Bissell, CEO and director of Origin Materials, Inc., was awarded stock options for 500,000 shares. These are derivative securities, meaning they give him the right to acquire common stock in the future rather than adding shares immediately.
The vesting structure is time-based: 50% vests on February 17, 2027 and the remaining 50% on February 17, 2028, conditioned on continued service. This aligns his potential future ownership with longer-term involvement at the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 500,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Fifty percent (50%) of the option vests on February 17, 2027 and fifty percent (50%) of the option vests on February 17, 2028, so long as the Reporting Person continues to provide services through such vesting dates.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Origin Materials (ORGN) CEO John Bissell report on this Form 4?
How many stock options did the Origin Materials (ORGN) CEO receive?
When do John Bissell’s new Origin Materials (ORGN) stock options vest?
Is the Origin Materials (ORGN) CEO’s option grant a purchase or an award?
What conditions apply to the vesting of Origin Materials (ORGN) CEO’s options?
AI-generated analysis. How Rhea-AI works. Not financial advice.