REE Automotive (REE) details CBO Miller’s RSUs, options and shares
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
REE Automotive Ltd. filed an amended insider ownership report for Chief Business Officer Tali Miller, detailing her current equity holdings. The filing lists restricted stock units (RSUs) representing 556, 59,022 and 180,000 Class A Ordinary Shares, all granted under the company’s 2021 Share Incentive Plan.
It also shows stock options on 16,910 and 8,901 Class A Ordinary Shares at an exercise price of $11.2400 per share, with the 8,901-share grant expiring on January 1, 2029. In addition, Miller directly holds 6,589 Class A Ordinary Shares.
Footnotes explain that RSUs are held in trust by a trustee approved by the Israeli Tax Authority and vest over multi-year schedules from May 22, 2023, September 15, 2024, and February 18, 2026, with certain RSUs subject to accelerated vesting upon a change of control. The options referenced were granted before the company’s initial public offering and are fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Miller Tali
Role
Chief Business Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Class A Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 556 shares (Direct);
Options — 16,910 shares (Direct);
Class A Ordinary Shares — 6,589 shares (Direct)
Footnotes (1)
- Restricted Share Units ("RSUs") granted under REE Automotive Ltd.'s (the "Company") 2021 Share Incentive Plan ("Plan") and underlying Class A Ordinary Shares are deposited with a trustee approved by the Israeli Tax Authority for this purpose, who holds such securities in trust on behalf of the Reporting Person. Each RSU represents the right to receive, following vesting, one share of the Company's Class A Ordinary Shares. Unless earlier forfeited under the terms of the RSU, such RSUs will vest as follows: (a) 33.33% of the RSUs shall vest on the first year anniversary of the date of grant (which date of grant was May 22, 2023), and (b) subsequent to such first year anniversary, 8.33% of the RSUs shall vest on a quarterly basis over the course of a two year period, in accordance with the applicable terms of the RSU. Unless earlier forfeited under the terms of the RSU, 8.33% of the RSUs shall vest on a quarterly basis over the course of a three-year period from the date of grant (which date of grant was September 15, 2024), in accordance with the applicable terms of the RSU. Unless earlier forfeited under the terms of the RSU, 8.33% of the RSUs shall vest on a quarterly basis over the course of a three-year period from the date of grant (which date of grant was February 18, 2026), in accordance with the applicable terms of the RSU. The vesting of such RSUs shall be accelerated upon a change of control of the Company, which includes a "Merger/Sale" event, as such term is defined in the Plan. These options were granted to the Reporting Person prior to the Company's initial public offering and are each fully vested as of the date herein. Options included here represent those with the same date of grant, January 1, 2020, and the same expiration date, January 23, 2030, that became fully exercisable on either January 1, 2020, December 31, 2021, or March 31, 2022.
FAQ
What does REE Automotive (REE) disclose in this amended Form 3 for Tali Miller?
REE Automotive updates the equity holdings of Chief Business Officer Tali Miller. The filing details her restricted stock units, stock options, and directly held Class A Ordinary Shares, including vesting schedules, exercise prices, and key dates tied to these awards.
How many REE Automotive (REE) RSUs does Tali Miller hold and what do they represent?
Tali Miller holds RSUs linked to 556, 59,022 and 180,000 Class A Ordinary Shares. Each RSU entitles her to receive one share after vesting, subject to the terms of REE Automotive’s 2021 Share Incentive Plan and the stated vesting schedules.
What stock options in REE Automotive (REE) are reported for Tali Miller?
The filing reports options over 16,910 and 8,901 Class A Ordinary Shares at an exercise price of $11.2400 per share. These options were granted before REE Automotive’s public offering and are fully vested, with one grant expiring on January 1, 2029.
How do Tali Miller’s RSUs in REE Automotive (REE) vest over time?
RSUs granted May 22, 2023 vest 33.33% after one year, then 8.33% quarterly for two years. RSUs granted September 15, 2024 and February 18, 2026 each vest 8.33% quarterly over three years, with the 2026 grant accelerating upon a qualifying change of control.
Who holds the RSUs reported for Tali Miller in REE Automotive (REE) and how?
The RSUs and underlying Class A Ordinary Shares are deposited with a trustee approved by the Israeli Tax Authority. This trustee holds the securities in trust on Tali Miller’s behalf in accordance with REE Automotive’s 2021 Share Incentive Plan and applicable tax rules.
Does the amended Form 3 show any REE Automotive (REE) open-market trades by Tali Miller?
The report lists only holdings and award terms, not open-market trades. It describes her RSUs, options, and directly owned Class A Ordinary Shares, focusing on vesting schedules, exercise prices, and expiration, without recording any purchases or sales of shares.