VEEA Form 4: 75,000 Stock Options Awarded to CEO; $0.66 Strike
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Michael Salmasi, who serves as Chief Executive Officer and a Director of VEEA INC. (VEEA), reported receipt of an award of 75,000 stock options under the company’s 2024 Incentive Equity Plan on 09/29/2025. The options have an exercise price of $0.66 per share and an expiration date of 09/29/2035. Vesting is conditional: 18,750 options (25%) vest when the issuer recognizes $3 million in gross revenue or upon shareholder/administrative approvals; the remaining 56,250 options (75%) vest quarterly in equal installments over three years following the initial vesting date.
Positive
- 75,000 options granted to management aligns incentives with shareholder value
- Vesting ties 18,750 options to the company reaching $3 million in gross revenue
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salmasi Michael
Role
See Remarks
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 75,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 75,000 shares (Direct)
Footnotes (1)
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FAQ
What did VEEA insider Michael Salmasi report on Form 4?
He reported the grant of 75,000 stock options with an exercise price of $0.66 per share awarded on 09/29/2025.
What are the vesting conditions for the 75,000 options?
The options vest 25% (18,750 shares) when the issuer recognizes $3 million in gross revenue or upon required approvals; the remaining 75% vests quarterly over three years after initial vesting.
When do the options expire?
The options have an expiration date of 09/29/2035.
What is Michael Salmasi’s role at VEEA?
The filing identifies him as Chief Executive Officer and a Director of the issuer.
Was the Form 4 filed jointly or by one reporting person?
The form indicates it was filed by one reporting person.