Rank One Computing insider holdings disclosed
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Form Type
3
Rhea-AI Filing Summary
Rank One Computing Corp director, President and Board Chairman Brendan Klare filed an initial ownership report showing direct holdings of 4,069,790 shares of common stock and options covering 835,000 shares at an exercise price of $2.40, vesting over five years and expiring in 2032.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Klare Brendan Francis
Role
President & Board Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Option (right to buy) | -- | -- | -- |
| holding | Common Stock; $0.01 par value | -- | -- | -- |
Holdings After Transaction:
Option (right to buy) — 835,000 contracts (Direct);
Common Stock; $0.01 par value — 4,069,790 shares (Direct)
Footnotes (2)
- F1. Represents options issued under the 2018 Equity Incentive Plan held by Brendan Klare, of which 20% vest 1 year after the vesting commencement date of 3/1/2022 and the remaining shares vest monthly over a remaining 4 year term.
- F2. Exercise price.
Key Figures
Common stock held: 4,069,790 shares
Option underlying shares: 835,000 shares
Option exercise price: $2.40 per share
+3 more
6 metrics
Common stock held
4,069,790 shares
Direct holdings reported on Form 3
Option underlying shares
835,000 shares
Underlying common stock for reported options
Option exercise price
$2.40 per share
Exercise price for options over 835,000 shares
Option expiration date
March 1, 2032
Expiration for reported option grant
Initial cliff vesting
20% after 1 year
20% vests one year after March 1, 2022
Remaining vesting term
4 years monthly
Remaining options vest monthly over four years
Key Terms
Option (right to buy), 2018 Equity Incentive Plan, vesting commencement date, Form 3
4 terms
Option (right to buy) financial
"Security title listed as "Option (right to buy)" with common stock underlying."
2018 Equity Incentive Plan financial
"Represents options issued under the 2018 Equity Incentive Plan held by Brendan Klare."
vesting commencement date financial
"20% vest 1 year after the vesting commencement date of 3/1/2022."
The vesting commencement date is the starting point when an employee begins earning ownership rights to their promised benefits, such as stock options or retirement contributions. Think of it like the day a savings account is opened—only after this date do the benefits start to grow and become fully available over time. It matters to investors because it marks when the clock begins ticking toward full ownership, affecting the timing and value of these benefits.
Form 3 regulatory
"Initial ownership report filed on Form 3 by Brendan Klare."
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider holdings does ROC President Brendan Klare report on this Form 3?
Brendan Klare reports direct ownership of 4,069,790 shares of Rank One Computing common stock. He also reports stock options that can be exercised into 835,000 additional common shares, providing substantial equity exposure to the company’s future performance.
What are the key terms of Brendan Klare’s ROC stock options?
Klare holds options to buy 835,000 shares of Rank One Computing common stock at an exercise price of $2.40 per share. These options were issued under the 2018 Equity Incentive Plan and are scheduled to vest over a multi-year period.
How do Brendan Klare’s ROC options vest over time?
The options issued to Brendan Klare vest under a staged schedule. 20% of the options vest one year after the vesting commencement date of March 1, 2022, with the remaining shares vesting monthly over the following four years, aligning incentives with long-term performance.
When do Brendan Klare’s Rank One Computing options expire?
The reported options held by Brendan Klare are scheduled to expire on March 1, 2032. This long-dated expiration gives him an extended window to exercise the options, depending on how Rank One Computing’s business and share value evolve over time.
Are Brendan Klare’s holdings on this ROC Form 3 direct or indirect?
The filing shows Brendan Klare’s reported positions as direct holdings. Both the 4,069,790 shares of common stock and the options over 835,000 underlying shares are listed with direct ownership, without any referenced intermediary entities or indirect ownership structures.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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