Virax Biolabs director reports stock option holdings
Virax Biolabs Group Ltd director Norton Evan Michael filed an initial statement of beneficial ownership, reporting stock option holdings over the company’s ordinary shares.
Rhea-AI Filing Summary
Virax Biolabs Group Ltd director Norton Evan Michael filed an initial statement of beneficial ownership, reporting stock option holdings over the company’s ordinary shares. He holds options for 2,000 shares at an exercise price of $6.0000 expiring on July 20, 2032, and 10,000 shares at $6.0000 expiring on April 18, 2033. He also holds 10,000 options at $0.6800 expiring on April 18, 2034 and 10,000 options at $0.8800 expiring on April 8, 2035. Footnotes state these options were granted between July 20, 2022 and April 8, 2025 under the company’s equity incentive plans, with vesting in halves or thirds and becoming exercisable upon vesting.
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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) | -- | -- | -- |
Footnotes (4)
- F1. On July 20, 2022, the Company granted 2,000 stock options under the Company's 2023 Equity Incentive Plan. The stock options are fully vested.
- 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.
FAQ
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What does the Virax Biolabs (VRAX) Form 3 filing show for Norton Evan Michael?
How many Virax Biolabs (VRAX) options does Norton Evan Michael report owning?
What are the exercise prices and expirations of Norton Evan Michael’s VRAX options?
How do Norton Evan Michael’s Virax Biolabs (VRAX) options vest?
Under which plans were Norton Evan Michael’s VRAX options granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.