Vertical Data (VDTA) director discloses initial stock and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Vertical Data Inc. director David Hackett filed an initial ownership report showing his equity position. He directly holds 170,000 shares of common stock and a stock option to buy 257,916 shares of common stock at an exercise price of $0.0500 per share, expiring on July 1, 2034. The option vests with 33.33% on the first anniversary of the grant date and the remaining 66.66% in equal monthly installments over the following 24 months.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HACKETT DAVID
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 257,916 shares (Direct);
Common Stock — 170,000 shares (Direct)
Footnotes (1)
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FAQ
What does the Form 3 filing for VDTA show about David Hackett's holdings?
The Form 3 shows director David Hackett’s initial ownership in VDTA, including 170,000 common shares and a stock option for 257,916 shares. This establishes his starting equity position as a company insider for regulatory disclosure purposes.
What stock options does David Hackett report in the VDTA Form 3?
He reports a stock option covering 257,916 shares of VDTA common stock with a $0.0500 exercise price. The option expires on July 1, 2034, giving him long-dated potential to increase his ownership if he chooses to exercise.
How do David Hackett’s VDTA options vest according to the filing footnote?
The filing states 33.33% of the granted options vest on the first anniversary of the grant date. The remaining 66.66% then vest in equal monthly installments over the next 24 months, creating a three-year vesting schedule overall.
Does the VDTA Form 3 indicate any recent buying or selling by David Hackett?
The Form 3 reflects holdings rather than new trades, and the summary data show no buy or sell transactions. It simply registers David Hackett’s existing common stock and option positions as he becomes a reportable insider.