New ZIM (NYSE: ZIM) finance EVP enters as 10% owner with option grants
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. executive vice president and chief finance officer Sami Jubran reported his existing stock option holdings in an initial ownership statement. These options give him the right to buy ordinary shares at exercise prices of $2.51 and $24.45 per share.
One option grant covers 12,862 underlying ordinary shares at an exercise price of $2.51 and expires on March 13, 2029. The other covers 8,277 underlying ordinary shares at an exercise price of $24.45 and expires on March 9, 2027. Footnotes state that one grant is fully vested and exercisable on a net exercise basis, while the other vests in four equal annual installments beginning March 13, 2025, subject to continued service.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Footnotes (2)
- F1. The Stock Options are Fully vested and immediately exercisable on a net exercise basis pursuant to the terms of the award agreement
- F2. The Options vest in four equal annual installments (25% per year) commencing on 03/13/2025 subject to the Reporting Person's continued service to the Company or its subsidiaries through each vesting date, and will be exercised on a net exercise basis pursuant to the terms of the award agreement.
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