ProtoKinetix president reports initial share and option holdings
ProtoKinetix, Inc. director and President Keith R. Brunt filed an initial ownership report showing his equity position in the company.
Rhea-AI Filing Summary
ProtoKinetix, Inc. director and President Keith R. Brunt filed an initial ownership report showing his equity position in the company. He reports indirect ownership of 1,030,000 shares of Common Stock held by NBBM Inc. and direct ownership of 2,042,572 shares of Common Stock.
Brunt also reports stock options over 2,750,000 shares of Common Stock with an exercise price of $0.01 per share, expiring on December 6, 2030, issued under the company’s 2019 Equity Incentive Plan. This filing records existing holdings rather than reporting new buy or sell transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Brunt Keith R.
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Options — 2,750,000 contracts (Direct);
Common Stock — 2,042,572 shares (Direct);
Common Stock — 1,030,000 shares (Indirect, See footnote)
Footnotes (2)
- F1. Held by NBBM Inc., controlled
- F2. Issued pursuant to 2019 Equity Incentive Plan.
Key Figures
Indirect common shares: 1,030,000 shares
Direct common shares: 2,042,572 shares
Stock options underlying shares: 2,750,000 shares
+2 more
5 metrics
Indirect common shares
1,030,000 shares
Held indirectly in Common Stock through NBBM Inc.
Direct common shares
2,042,572 shares
Direct ownership of Common Stock following reported holdings
Stock options underlying shares
2,750,000 shares
Underlying Common Stock for options held
Option exercise price
$0.01 per share
Exercise price of stock options over Common Stock
Option expiration date
December 6, 2030
Expiration of stock options reported in holdings
Key Terms
Stock Options, 2019 Equity Incentive Plan, indirect ownership, exercise price
4 terms
Stock Options financial
"security_title: "Stock Options" and underlying_security_title: "Common Stock""
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
2019 Equity Incentive Plan financial
"Footnote states: "Issued pursuant to 2019 Equity Incentive Plan.""
indirect ownership financial
"Indirect Common Stock holding of 1,030,000 shares with nature_of_ownership: "See footnote""
exercise price financial
"conversion_or_exercise_price: "0.0100" for Stock Options over Common Stock"
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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does ProtoKinetix (PKTX) President Keith R. Brunt report in this Form 3 filing?
Keith R. Brunt reports his existing ownership in ProtoKinetix common stock and options. He discloses direct and indirect share holdings plus a large stock option position, giving investors a clearer view of his equity stake and alignment with shareholders.
At what exercise price and expiration date are Keith R. Brunt’s ProtoKinetix (PKTX) options set?
His stock options carry a $0.01 per share exercise price and expire on December 6, 2030. This very low strike price means the options become economically valuable at relatively modest market prices for ProtoKinetix common stock during their term.
How are Keith R. Brunt’s indirect ProtoKinetix (PKTX) holdings structured?
The filing shows 1,030,000 ProtoKinetix common shares held indirectly by NBBM Inc. A footnote states these shares are held by NBBM Inc., which he controls, clarifying that part of his stake is owned through a related corporate entity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
