Virax Biolabs CEO discloses share and option stakes
Virax Biolabs Group Ltd Chief Executive Officer Foster James Alexander Cunliffe filed an initial statement of beneficial ownership, showing 287,987 Ordinary Shares held directly plus multiple stock option awards over additional Ordinary Shares.
Rhea-AI Filing Summary
Virax Biolabs Group Ltd Chief Executive Officer Foster James Alexander Cunliffe filed an initial statement of beneficial ownership, showing 287,987 Ordinary Shares held directly plus multiple stock option awards over additional Ordinary Shares. These options carry exercise prices ranging from $50.00 down to $0.68 per share and expire between 2032 and 2035. Footnotes explain that the grants were made under the company’s 2023 and 2024 equity incentive plans, with vesting schedules that generally occur in equal annual installments over three years, becoming exercisable as they vest.
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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) | -- | -- | -- |
| holding | Stock Options (right to buy) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (5)
- F1. On July 20, 2022, the Company granted 37,250 stock options under the Company's 2023 Equity Incentive Plan. The stock options are fully vested.
- F2. On April 18, 2023, the Company granted 40,000 stock options under the Company's 2023 Equity Incentive Plan. The options vest in equal thirds on April 18 of each of 2024, 2025, and 2026. The vested portions of such options will become exercisable upon vesting.
- F3. On April 18, 2024, the Company granted 50,000 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 18,025 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.
- F5. On April 8, 2025, the Company granted 31,975 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.
FAQ
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What insider ownership did Virax Biolabs (VRAX) CEO report?
What stock options does the Virax Biolabs CEO hold?
When do the Virax Biolabs CEO’s stock options expire?
How do the Virax Biolabs CEO’s option grants vest and become exercisable?
Under which plans were the Virax Biolabs CEO’s options granted?
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