Zapp Electric Vehicles (ZAPPF) CEO discloses share and option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Zapp Electric Vehicles Group Ltd director and Chief Executive Officer David Iain McIntyre filed an initial ownership report showing his existing stake in the company. He reports direct ownership of 304,562 ordinary shares, plus share options over 8,555 ordinary shares at an exercise price of 15.6900, expiring on October 1, 2031. The options vested in stages from October 1, 2021 through October 1, 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
McIntyre David Iain
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Share options | -- | -- | -- |
| holding | Ordinary shares | -- | -- | -- |
Holdings After Transaction:
Share options — 8,555 shares (Direct);
Ordinary shares — 304,562 shares (Direct)
Footnotes (1)
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FAQ
What does the ZAPPF Form 3 filing by CEO David Iain McIntyre show?
The Form 3 shows David Iain McIntyre’s existing ownership in Zapp Electric Vehicles Group Ltd, including 304,562 ordinary shares and share options over 8,555 ordinary shares. It establishes his starting position as a reporting insider under SEC rules.
How do the CEO’s ZAPPF options vest according to the Form 3 footnote?
The options vested in installments over two years beginning October 1, 2021. According to the footnote, 25% vested on October 1, 2021, another 25% on October 1, 2022, and the remaining balance vested on October 1, 2023.
Is the Zapp Electric Vehicles (ZAPPF) Form 3 a buy or sell transaction?
The Form 3 is not a buy or sell transaction. It is an initial statement of beneficial ownership, summarizing the CEO’s existing holdings in ordinary shares and share options rather than reporting new purchases or sales.