Director Augustine Lawlor details option holdings in PRF Technologies (PRFX)
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
PRF Technologies Ltd. director Augustine Lawlor reported his initial holdings of stock options linked to the company’s ordinary shares. These are compensation awards rather than open-market trades.
One option covers 50 ordinary shares at an exercise price of 5,400 per share, expiring on February 23, 2031, and is fully vested from a February 23, 2021 grant under the 2019 PainReform Option Plan. A second option covers 183 ordinary shares at an exercise price of 30 per share, expiring on July 18, 2034. Of this grant, 160 options were vested on the appointment date, and the remaining 23 are scheduled to vest in two quarterly installments on April 18, 2026 and July 18, 2026, contingent on continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
LAWLOR AUGUSTINE
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Employee Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 50 shares (Direct)
Footnotes (1)
- Options granted under the 2019 PainReform Option Plan. The grant date of this grant is February 23, 2021. This option grant is fully vested as of this date. The grant date of this grant is July 18, 2024. 160 of the options were vested as of the date of appointment. The remaining 23 options will vest in two quarterly installments occurring on April 18, 2026 and July 18, 2026, subject to the Reporting Person's continued service to the Issuer as of each vesting date.
FAQ
Who is the reporting insider in PRF Technologies (PRFX) latest Form 3?
The reporting person is Augustine Lawlor, who serves as a director of PRF Technologies Ltd. The Form 3 outlines his initial beneficial ownership in the company through stock option awards, rather than disclosing any open-market share purchases or sales.
What stock options does Augustine Lawlor hold in PRF Technologies (PRFX)?
Augustine Lawlor holds two Employee Stock Option positions over PRF Technologies ordinary shares, covering 50 shares at an exercise price of 5,400 and 183 shares at an exercise price of 30. Both positions are reported as directly owned derivative securities.
When do Augustine Lawlor’s PRF Technologies (PRFX) options expire?
Lawlor’s options have two different expiration dates. The 50-share option at an exercise price of 5,400 expires on February 23, 2031. The 183-share option at an exercise price of 30 expires on July 18, 2034, providing long-dated equity exposure.
How are Augustine Lawlor’s PRF Technologies (PRFX) options vesting?
The 50-share option grant is fully vested as of February 23, 2021. For the 183-share grant, 160 options were vested at appointment, while 23 options vest in two quarterly installments on April 18, 2026 and July 18, 2026, subject to continued service.
Under which plan were Augustine Lawlor’s PRF Technologies (PRFX) options granted?
Both reported option positions were granted under the 2019 PainReform Option Plan. The Form 3 footnotes specify that these equity awards are part of the company’s option plan framework, reflecting standard director or service-based compensation arrangements.