Village Farms (VFF) ties 10% owner's RSUs to $3 share-price hurdle
Rhea-AI Filing Summary
Village Farms International executive Yvonne Trupiano, Executive VP and Global CHRO, reports initial equity holdings. She holds 13,112 common shares directly, plus options on 200,000 common shares at an exercise price of $0.6200 per share expiring on March 28, 2030, with 133,334 options still unvested. She also holds 46,289 time- and performance-based Restricted Share Units, all unvested, which vest mostly over three anniversaries of the grant date, with 10% vesting on December 31, 2027 if the share price exceeds $3.00, and expiring on January 1, 2028 if this condition is not met. The RSUs have no exercise price.
Positive
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Negative
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Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Trupiano Yvonne
Role
Executive VP, Global CHRO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Share Units | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 46,289 shares (Direct);
Options — 200,000 shares (Direct);
Common Shares — 13,112 shares (Direct)
Footnotes (4)
- F1. Restricted Share Units ("RSUs") are time-and performance-based rights to receive common shares of Village Farms International, Inc. ("Issuer"), granted pursuant to the Issuer's Share-Based Compensation Plan, as described in the Issuer's Definitive Proxy Statement filed with the Securities and Exchange Commission on April 29, 2026. 30% of the RSUs vest on each of the three anniversaries of the initial grant date. The remaining 10% of the RSUs vest on December 31, 2027, if the Issuer's common share price is greater than $3.00 per common share. As of the date hereof, all RSUs are unvested.
- F2. The RSUs that are subject to performance-based vesting criteria expire on January 1, 2028, if such performance-based vesting criteria has not been met.
- F3. RSUs do not require payment of a conversion or exercise price.
- F4. The options were granted on March 28, 2025, and vest over a three-year period with one-third (1/3) of the issued options vesting on each of the first 3 anniversaries of the date of the grant. As of the date hereof, 133,334 options are unvested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
