Spotify (NYSE: SPOT) director granted 1,974 stock options at $516.71
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spotify Technology S.A. director Sven Hans Martin Lorentzon received a grant of stock options covering 1,974 ordinary shares. The options have an exercise price of $516.71 per share and expire on May 28, 2031. The award vests in equal annual installments through February 15, 2030.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lorentzon Sven Hans Martin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 1,974 | $0.00 | -- |
Holdings After Transaction:
Stock Option — 1,974 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Option grant size: 1,974 shares
Exercise price: $516.71 per share
Expiration date: May 28, 2031
+1 more
4 metrics
Option grant size
1,974 shares
Underlying ordinary shares in new stock option award
Exercise price
$516.71 per share
Stock option exercise price for the grant
Expiration date
May 28, 2031
Option term end date for this award
Shares following transaction
1,974 derivative shares
Total stock options held from this grant after transaction
Key Terms
Stock Option, Grant, award, or other acquisition, exercise price, vests in equal annual installments
4 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 financial
"transaction_code_description: Grant, award, or other acquisition"
exercise price financial
"conversion_or_exercise_price: 516.7100"
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
"which vests in equal annual installments through February 15, 2030"
FAQ
What insider transaction did Spotify (SPOT) report for Sven Hans Martin Lorentzon?
Spotify reported that director Sven Hans Martin Lorentzon received a stock option grant for 1,974 ordinary shares. This award is a compensation-related acquisition, not an open-market share purchase or sale.
What is the exercise price of Sven Hans Martin Lorentzon’s new Spotify (SPOT) stock options?
The stock options granted to Sven Hans Martin Lorentzon have an exercise price of $516.71 per share. This is the price he must pay per share to exercise the options in the future.
When do Sven Hans Martin Lorentzon’s new Spotify (SPOT) stock options expire?
The reported stock options expire on May 28, 2031. After that date, any unexercised options from this grant will no longer be exercisable under the terms disclosed.
How will Sven Hans Martin Lorentzon’s Spotify (SPOT) stock options vest over time?
The award vests in equal annual installments through February 15, 2030. This means portions of the 1,974-share option become exercisable each year until that vesting end date.