Venture Global COO granted 500,000 stock options
Venture Global, Inc. reported that Chief Operating Officer Brian Cothran received a grant of stock options covering 500,000 shares of Class A common stock.
Rhea-AI Filing Summary
Venture Global, Inc. reported that Chief Operating Officer Brian Cothran received a grant of stock options covering 500,000 shares of Class A common stock. The options have an exercise price of $12.97 per share, were granted at no upfront cost, and expire on March 18, 2036. According to the terms, the award vests in equal quarterly installments over 16 quarters, contingent on his continued service, and represents compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 500,000 | $0.00 | $0.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Stock Options | -- | -- | -- |
Footnotes (4)
- F1. This stock option shall vest in equal quarterly installments on each of the first 16 quarterly anniversaries of the grant date, subject to the reporting person's continuous service through each applicable vesting date.
- F2. This stock option was previously reported as covering 5,000 shares of Class A Common Stock at an exercise price of $5,200 per share but was adjusted to reflect the stock split that occurred immediately prior to the consummation of the Issuer's initial public offering (the "Stock Split").
- F3. This stock option is fully vested and exercisable.
- F4. This stock option was previously reported as covering 1,000 shares of Class A Common Stock at an exercise price of $15,300 per share but was adjusted to reflect the Stock Split.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Venture Global (VG) disclose about Brian Cothran in this Form 4?
How large is Brian Cothran’s stock option grant at Venture Global (VG)?
What is the exercise price and term of Brian Cothran’s Venture Global (VG) options?
How do Brian Cothran’s Venture Global (VG) options vest over time?
Is Brian Cothran’s Venture Global (VG) Form 4 transaction an open-market buy or sell?
AI-generated analysis. How Rhea-AI works. Not financial advice.