Virax Biolabs director reports option holdings
Virax Biolabs Group Ltd director Nelson M. Haight reported his initial beneficial ownership of stock options in the company.
Rhea-AI Filing Summary
Virax Biolabs Group Ltd director Nelson M. Haight reported his initial beneficial ownership of stock options in the company. The holdings include options over 2,000 Ordinary Shares with a $15.40 exercise price expiring on November 17, 2032, granted under the 2023 Equity Incentive Plan.
He also holds options over 10,000 Ordinary Shares with a $6.00 exercise price expiring on April 18, 2033, 10,000 options at $0.68 expiring on April 18, 2034, and 10,000 options at $0.88 expiring on April 8, 2035. Footnotes state these options vest in scheduled halves or thirds on specified future dates, becoming exercisable as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
Footnotes (4)
- F1. On November 17, 2022, the Company granted 2,000 stock options under the Company's 2023 Equity Incentive Plan. The options vest in equal halves on November 17 of each of 2023 and 2024. The vested portions of such options will become exercisable upon vesting.
- F2. On April 18, 2023, the Company granted 10,000 stock options under the Company's 2023 Equity Incentive Plan. The options vest in equal halves on April 18 of each of 2024 and 2025. The vested portions of such options will become exercisable upon vesting.
- F3. On April 18, 2024, the Company granted 10,000 stock options under the Company's 2023 Equity Incentive Plan. The options vest in equal thirds on April 18 of each of 2025, 2026 and 2027. The vested portions of such options will become exercisable upon vesting.
- F4. On April 8, 2025, the Company granted 10,000 stock options under the Company's 2024 Equity Incentive Plan. The options vest in equal thirds on April 8 of each of 2026, 2027 and 2028. The vested portions of such options will become exercisable upon vesting.
Key Figures
Key Terms
Stock Options (right to buy) financial
2023 Equity Incentive Plan financial
2024 Equity Incentive Plan financial
vest in equal thirds financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Virax Biolabs (VRAX) Form 3 for Nelson M. Haight show?
How many Virax Biolabs (VRAX) options at $15.40 does Nelson Haight report?
What are the key terms of Nelson Haight’s $6.00 Virax Biolabs (VRAX) options?
What low-priced Virax Biolabs (VRAX) options does Nelson Haight disclose on Form 3?
How do Nelson Haight’s Virax Biolabs (VRAX) options vest over time?
Are Nelson Haight’s Virax Biolabs (VRAX) options held directly or indirectly?
AI-generated analysis. How Rhea-AI works. Not financial advice.