ParkerVision (PRKR) CFO receives 1,000,000 nonqualified and performance options
Rhea-AI Filing Summary
ParkerVision Inc. Chief Financial Officer Cynthia L. French reported the grant of two nonqualified stock option awards. On January 22, 2026, she was awarded 500,000 nonqualified stock options with an exercise price of $0.24 per share, exercisable in four equal bi-annual installments beginning July 22, 2026. She also received 500,000 performance-based nonqualified stock options at an exercise price of $0.24 per share, which vest based on specified performance conditions measured quarterly over a five-year period. Any portion of this performance-based grant that does not vest by January 22, 2031 will be cancelled.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Nonqualified Stock Option | 500,000 | $0.24 | $120K |
| Grant/Award | Nonqualified Stock Option (Performance-Based) | 500,000 | $0.24 | $120K |
Footnotes (1)
- Option is exercisable in four, equal, bi-annual increments beginning July 22, 2026. The option vests based ont he achievement of specified performance conditions measured quarterly during a five-year performance period. Any portion of the option that does not vest by January 22, 2031 will be cancelled.
FAQ
What insider transaction did PRKR CFO Cynthia French report?
Cynthia L. French, Chief Financial Officer of ParkerVision Inc. (PRKR), reported receiving two grants of nonqualified stock options on January 22, 2026, each for 500,000 options with an exercise price of $0.24 per share.
How do Cynthia French’s time-based stock options in PRKR vest?
The 500,000 nonqualified stock options with a $0.24 exercise price become exercisable in four equal bi-annual increments, starting on July 22, 2026, until fully exercisable.
What are the terms of the performance-based stock options reported for PRKR?
The 500,000 performance-based nonqualified stock options with a $0.24 exercise price vest upon achievement of specified performance conditions measured quarterly over a five-year performance period, and any portion not vested by January 22, 2031 will be cancelled.
What is the expiration date of Cynthia French’s PRKR stock option grants?
The nonqualified stock option grant for 500,000 shares expires on January 22, 2031, while the performance-based nonqualified stock option grant for 500,000 shares expires on January 22, 2036, subject to vesting conditions.
Are Cynthia French’s PRKR stock options held directly or indirectly?
The filing indicates that Cynthia L. French’s nonqualified stock options and performance-based nonqualified stock options are held with direct (D) ownership, with no indirect ownership entity disclosed.
What does the transaction code "A" mean in Cynthia French’s PRKR Form 4?
In this Form 4, transaction code "A" indicates that the nonqualified stock options, including the performance-based options, were awarded or granted to Cynthia L. French rather than purchased in the open market.