Reformation (REF) director lists fully vested options stake
Rhea-AI Filing Summary
Reformation Inc. director Allen Zipporah reported initial beneficial ownership consisting of a stock option (right to buy) Reformation common stock. The option covers 110,528 underlying shares of common stock at an exercise price of $6.61 per share and expires on May 1, 2034. According to the footnote, these options are fully vested and are held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Allen Zipporah
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 110,528 shares (Direct)
Footnotes (1)
- F1. These options are fully vested.
Key Figures
Underlying Shares: 110,528 shares
Exercise Price: $6.61 per share
Expiration Date: 2034-05-01
+1 more
4 metrics
Underlying Shares
110,528 shares
Underlying common shares subject to reported stock option holding
Exercise Price
$6.61 per share
Conversion or exercise price of the stock option
Expiration Date
2034-05-01
Expiration date of the reported stock option
Vesting Status
Fully vested
Footnote indicates all option shares are currently vested
Key Terms
Stock Option (right to buy), underlying security, fully vested
3 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
underlying security financial
"underlying_security_title: Common Stock"
fully vested financial
"These options are fully vested."
FAQ
What did Reformation Inc. (REF) insider Allen Zipporah report on this Form 3?
Allen Zipporah reported beneficial ownership of a stock option for Reformation Inc. The option gives rights to acquire 110,528 shares of common stock at an exercise price of $6.61 per share, expiring on May 1, 2034.
What is the exercise price and expiry of Allen Zipporah’s option in REF?
The stock option reported by Allen Zipporah has an exercise price of $6.61 per share and an expiration date of May 1, 2034. These terms define the cost and time window to purchase the underlying Reformation common shares.
Are Allen Zipporah’s Reformation Inc. stock options already vested?
Yes. A footnote states that these options are fully vested. This means Zipporah has already earned the right to exercise all 110,528 option shares, subject to standard option terms and the stated expiration date.
Does the Form 3 for Reformation Inc. (REF) show any recent insider buy or sell transactions?
No specific buy or sell transaction is reported; the entry reflects a holding of stock options. The data show a derivative position with 110,528 underlying shares, not a new purchase or sale in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.