Venture Global, Inc. (VG) grants 500,000 stock options to Senior VP
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Venture Global, Inc. reported that Senior VP of Development Musser Fory received a grant of stock options covering 500,000 shares of Class A common stock. The options have an exercise price of $12.9700 per share and expire on March 18, 2036.
The stock option vests in equal quarterly installments over 16 quarters from the grant date, conditioned on continuous service through each vesting date. Following this grant, Musser Fory holds 500,000 stock options directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Musser Fory
Role
Senior VP, Development
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 500,000 | $0.00 | -- |
Holdings After Transaction:
Stock Options — 500,000 shares (Direct)
Footnotes (1)
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FAQ
What did Venture Global (VG) disclose about Musser Fory’s latest equity grant?
Venture Global disclosed that Senior VP of Development Musser Fory received stock options for 500,000 shares of Class A common stock. These options are a compensation-related award, not an open-market purchase or sale of existing shares.
What are the key terms of Musser Fory’s 500,000 Venture Global (VG) stock options?
The grant covers 500,000 underlying shares with an exercise price of $12.9700 per share and an expiration date of March 18, 2036. These terms define the cost and timeframe for potentially converting options into common shares.
How do Musser Fory’s Venture Global (VG) stock options vest over time?
The stock option vests in equal quarterly installments on each of the first 16 quarterly anniversaries of the grant date. Vesting is subject to Musser Fory’s continuous service with the company through each applicable vesting date.
What is Musser Fory’s Venture Global (VG) option position after this transaction?
After the reported grant, Musser Fory holds 500,000 stock options directly, tied to an equal number of underlying Class A common shares. This reflects the total derivative position visible in this Form 4 for the reported grant.
Does the Venture Global (VG) filing mention any conditions on the option vesting?
Yes. The filing states vesting is subject to Musser Fory’s continuous service through each vesting date. If continuous service stops, future unvested quarterly installments under the 16-quarter schedule may not vest.