Spotify (SPOT) director Thomas Staggs awarded options on 2,148 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A. director Thomas O. Staggs received a grant of stock options covering 2,148 ordinary shares. The options have an exercise price of $516.71 per share and expire on May 28, 2031. They vest in equal annual installments through February 15, 2030, and following this grant he holds 2,148 options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
STAGGS THOMAS O
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 2,148 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 2,148 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Options granted: 2,148 options
Underlying shares: 2,148 ordinary shares
Exercise price: $516.71 per share
+3 more
6 metrics
Options granted
2,148 options
Stock option award to director Thomas O. Staggs
Underlying shares
2,148 ordinary shares
Shares issuable upon exercise of granted options
Exercise price
$516.71 per share
Strike price of stock option grant
Expiration date
May 28, 2031
Option term for this grant
Vesting schedule end
February 15, 2030
Final vesting date; equal annual installments
Derivative holdings after grant
2,148 options
Total options held following reported transaction
Key Terms
Stock Option, Ordinary Share, Grant, award, or other acquisition, exercise price, +2 more
6 terms
Stock Option financial
"Represents an award of stock option, which vests in equal annual installments"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Grant, award, or other acquisition regulatory
"transaction_code_description: "Grant, award, or other acquisition""
exercise price financial
"conversion_or_exercise_price: 516.7100 per underlying ordinary share"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vests in equal annual installments financial
"Represents an award of stock option, which vests in equal annual installments"
expiration date financial
"expiration_date: 2031-05-28T00:00:00.000Z for the stock option award"
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
What insider transaction did Thomas O. Staggs report for Spotify (SPOT)?
Thomas O. Staggs reported receiving a stock option grant for 2,148 underlying Spotify ordinary shares. The options were awarded at an exercise price of $516.71 per share as compensation and vest in equal annual installments through February 15, 2030, with expiration on May 28, 2031.
What is the exercise price of Thomas O. Staggs’ Spotify (SPOT) stock options?
The stock options granted to Thomas O. Staggs have an exercise price of $516.71 per Spotify ordinary share. He did not pay anything at grant; this represents the price he must pay per share to exercise the options before they expire on May 28, 2031.
When do Thomas O. Staggs’ Spotify (SPOT) stock options vest and expire?
The options vest in equal annual installments through February 15, 2030, meaning portions become exercisable each year until that date. All options fully expire on May 28, 2031 if not exercised, according to the reported expiration schedule in the Form 4 data.