trivago (TRVG) director details options and stock units in Form 3
Rhea-AI Filing Summary
trivago N.V. director Andrej Gregor Lehnert reported his initial equity holdings, mainly in options and share-based awards linked to American Depositary Shares (ADSs). One ADS represents five Class A shares. He holds stock options over 204,000 ADSs at a €0.30-equivalent strike price and 612,000 ADSs at a €2.33-equivalent strike price, both expiring on June 30, 2030. He also holds performance stock options over 136,000 ADSs at €0.30 and performance stock units over 408,000 ADSs at €2.33, with a performance period from June 30, 2023 to June 30, 2027 and vesting measured on June 30, 2027. In addition, he has 328,181 restricted stock units with no expiration date and directly owns 950 ADSs.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Lehnert Andrej Gregor
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Performance Stock Options | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | American Depositary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Options — 816,000 shares (Direct);
Performance Stock Options — 136,000 shares (Direct);
Performance Stock Units — 408,000 shares (Direct);
Restricted Stock Units — 328,181 shares (Direct);
American Depositary Shares — 950 shares (Direct)
Footnotes (5)
- F1. One (1) American Depositary Share (ADS) represents five (5) Class A Shares.
- F2. Vesting on June 30, 2024, 2025 and 2026 in equal instalments.
- F3. Strike price is denominated in Euro currency.
- F4. As modified on 4/1/2024, this performance-based award vests in full on 6/30/2027 (the measurement date) after a 6/30/2023-6/30/2027 performance period. Earned shares equal 25%-100% of target based on the adjusted share price on 6/30/2027, defined as the higher of the 6- or 12-month VWAP ending that date (adjusted for stock splits/dividends and similar actions) plus the aggregate value of dividends/distributions during the period. Threshold and maximum correspond to adjusted share prices of < $0.97 and > $3.93, respectively.
- F5. RSUs do not have an Expiration Date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the trivago (TRVG) Form 3 filing for Andrej Gregor Lehnert show?
The Form 3 shows director Andrej Gregor Lehnert’s initial equity holdings in trivago. It details his stock options, performance-based awards, restricted stock units, and 950 directly owned American Depositary Shares, giving investors transparency into his compensation-linked exposure to the company’s stock.
How many trivago (TRVG) options does Andrej Gregor Lehnert hold according to the Form 3?
He holds stock options over 204,000 ADSs with a €0.30-equivalent strike price and 612,000 ADSs with a €2.33-equivalent strike price. Both sets of options are scheduled to expire on June 30, 2030, aligning his potential upside with trivago’s longer-term performance.
What performance-based awards are disclosed for Andrej Gregor Lehnert in TRVG’s Form 3?
The filing lists performance stock options over 136,000 ADSs at €0.30 and performance stock units over 408,000 ADSs at €2.33. These awards vest based on share-price performance over June 30, 2023 to June 30, 2027, with the final measurement and vesting date on June 30, 2027.
How many trivago (TRVG) restricted stock units does Andrej Gregor Lehnert hold?
He holds 328,181 restricted stock units tied to trivago American Depositary Shares. The filing notes these RSUs do not have an expiration date, indicating they are intended to convert into shares upon meeting specified vesting conditions rather than expiring unused over time.
Does the trivago (TRVG) Form 3 show any insider buying or selling by Andrej Gregor Lehnert?
No transactions are reported; the entries are categorized as holdings. The Form 3 serves as an initial statement of beneficial ownership, listing Lehnert’s existing options, units, and 950 ADSs without indicating recent purchases or sales of trivago securities.