Rainmaker Worldwide (RAKR) director discloses initial share stake
Rhea-AI Filing Summary
Rainmaker Worldwide Inc. director reports initial holdings. A Form 3 discloses that Ross James Samuel, a director of Rainmaker Worldwide Inc. (RAKR), beneficially owned 6,666 shares of common stock as of December 20, 2021, the date he became a director. He also held a stock option to buy 20,000 shares of common stock at an exercise price of $0.0347 per share, exercisable on December 20, 2021 and expiring on December 20, 2026. The filing notes that it is being submitted late to report these securities beneficially owned as of that date.
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FAQ
What insider position is reported in Rainmaker Worldwide (RAKR)'s Form 3?
The Form 3 reports that Ross James Samuel is a director of Rainmaker Worldwide Inc. and is filing as a reporting person in that capacity.
How many Rainmaker Worldwide (RAKR) common shares does Ross James Samuel beneficially own?
The filing states that Ross James Samuel beneficially owned 6,666 shares of common stock, held directly, as of December 20, 2021.
What stock options does the Rainmaker Worldwide (RAKR) director hold?
Ross James Samuel holds a stock option (right to buy) for 20,000 shares of common stock at an exercise price of $0.0347 per share.
When do the director's Rainmaker Worldwide (RAKR) stock options start and expire?
The stock option became exercisable on December 20, 2021 and has an expiration date of December 20, 2026, according to the Form 3.
Is the Rainmaker Worldwide (RAKR) Form 3 filing identified as late?
Yes. The remarks section explains that the Form 3 is filed late to report securities beneficially owned by the reporting person as of December 20, 2021.
Are Ross James Samuel's Rainmaker Worldwide (RAKR) holdings direct or indirect?
The Form 3 shows both the 6,666 common shares and the 20,000-share stock option as held with direct (D) ownership.