Energy Fuels (UUUU) CEO Mark Chalmers reports new RSU and stock option grants
Rhea-AI Filing Summary
Energy Fuels Inc. President, CEO and Director Mark Chalmers reported new equity awards in the company. On 12/12/2024 he received 19,096 restricted share units (RSUs), which vest 50% on 1/27/2025, 25% on 1/27/2026 and 25% on 1/27/2027. These RSUs were reported as acquired at a price of $0, reflecting a stock-based compensation grant rather than an open-market purchase.
Chalmers also received an employee stock option grant for 21,970 common shares with an exercise price of $7.25, a 10% premium to the grant price of $6.59. These options vest 50% on 12/12/2025 and 50% on 12/12/2026 and expire on 12/11/2029. Following the reported transactions, he beneficially owned 930,439 common shares and 21,970 options, all held directly. The filing notes it was submitted late due to an inadvertent administrative error.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 21,970 | $0.00 | -- |
| Grant/Award | Common Shares | 19,096 | $0.00 | -- |
Footnotes (1)
- Reflects grant of 19,096 RSUs which vest as follows: 50% on 1/27/2025; 25% on 1/27/2026; and 25% on 1/27/2027. Reflects grant of 21,970 options having a strike price at a 10% premium of the grant price of $6.59 which vest as follows: 50% on 12/12/2025 and 50% on 12/12/2026.
FAQ
What insider transaction did Energy Fuels (UUUU) report for its CEO?
Energy Fuels reported that President and CEO Mark Chalmers received 19,096 RSUs and an employee stock option grant for 21,970 common shares on 12/12/2024 as stock-based compensation.
What are the vesting terms of Mark Chalmers' 19,096 RSUs at Energy Fuels (UUUU)?
The 19,096 RSUs vest in three tranches: 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027, subject to continued service and plan terms.
What are the key terms of the 21,970 employee stock options granted to the Energy Fuels (UUUU) CEO?
The option grant covers 21,970 common shares at an exercise price of $7.25, which is described as a 10% premium to a grant price of $6.59. The options vest 50% on 12/12/2025 and 50% on 12/12/2026 and expire on 12/11/2029.
Was the Energy Fuels (UUUU) CEO Form 4 filed on time?
The remarks state that the report is being filed late due to an inadvertent administrative error, indicating a delay in making this Form 4 filing.
Did Mark Chalmers pay cash for the new Energy Fuels (UUUU) RSUs and options?
The 19,096 RSUs were reported with a price of $0, consistent with a compensatory award. The 21,970 options carry a future exercise price of $7.25 per share if exercised.
What roles does Mark Chalmers hold at Energy Fuels (UUUU)?
Mark Chalmers is identified as a Director and as an Officer of Energy Fuels Inc., serving as President & CEO.