Reformation director holds options for 110K shares
Reformation Inc. (REF) director Brigitte Kleine filed an initial ownership report showing a derivative position rather than a new transaction.
Rhea-AI Filing Summary
Reformation Inc. (REF) director Brigitte Kleine filed an initial ownership report showing a derivative position rather than a new transaction. She holds a fully vested stock option110,528 shares of common stock, with an exercise price of $6.61 per share and an expiration date of May 1, 2034, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Kleine Brigitte
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) F1 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 110,528 contracts (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
3 metrics
Underlying Shares
110,528 shares
Underlying common stock for reported stock option position
Exercise Price
$6.61 per share
Exercise price of stock option held by director Brigitte Kleine
Expiration Date
2034-05-01
Expiration date of the reported stock option
Key Terms
Stock Option (right to buy), Common Stock, fully vested
3 terms
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
Common Stock financial
"underlying_security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested financial
"These options are fully vested."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Brigitte Kleine’s Form 3 filing for REF disclose?
The Form 3 for Reformation Inc. (REF) discloses that director Brigitte Kleine holds a fully vested stock option for 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 of Brigitte Kleine’s option reported for REF?
The exercise price of Brigitte Kleine’s reported stock option is $6.61 per share. This price applies to the underlying 110,528 shares of Reformation Inc. common stock and remains in effect until the option’s stated expiration date of May 1, 2034.
When does Brigitte Kleine’s REF stock option expire?
Brigitte Kleine’s stock option on Reformation Inc. common stock expires on May 1, 2034. Until that date, she has the right to purchase up to 110,528 shares at an exercise price of $6.61 per share, according to the filing details.
Is Brigitte Kleine’s stock option in REF fully vested?
Yes. A footnote states that the reported options are fully vested. This means the entire underlying amount of 110,528 shares of Reformation Inc. common stock is currently exercisable under the option, subject to its $6.61 exercise price and 2034 expiration.
What role does Brigitte Kleine hold at Reformation Inc. (REF) in this Form 3?
The Form 3 identifies Brigitte Kleine as a director of Reformation Inc. She is not reported as an officer or 10% owner in this filing. Her disclosed beneficial ownership consists of a fully vested stock option over 110,528 shares of common stock held directly.
AI-generated analysis. How Rhea-AI works. Not financial advice.