ZIM (ZIM) director Nir Epstein reports fully vested stock option position
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. director Nir Epstein filed an initial ownership report showing a derivative position rather than a new trade. He holds a stock option that is fully vested and immediately exercisable on a net exercise basis, covering 13,459 underlying ordinary shares at an exercise price of $25.3300 per share. The option expires on March 8, 2027, giving him the right to acquire these shares directly from the company before that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Epstein Nir
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 13,459 shares (Direct)
Footnotes (1)
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FAQ
What did ZIM director Nir Epstein report in this Form 3 filing for ZIM?
Nir Epstein reported holding a fully vested stock option covering 13,459 underlying ordinary shares of ZIM. The option is immediately exercisable on a net exercise basis at an exercise price of $25.3300 per share and expires on March 8, 2027.
What is the exercise price and expiration date of Nir Epstein’s ZIM stock option?
The stock option reported by Nir Epstein has an exercise price of $25.3300 per underlying ordinary share and expires on March 8, 2027. He may exercise this option on a net exercise basis at any time before the expiration, consistent with the award agreement terms.
Are Nir Epstein’s ZIM stock options already vested and exercisable?
Yes. The footnote states the ZIM stock options held by Nir Epstein are fully vested and immediately exercisable on a net exercise basis. This means he does not need to wait for additional vesting events before exercising the option within its remaining term through March 8, 2027.
Does this ZIM Form 3 show a buy or sell transaction by Nir Epstein?
No, this Form 3 reflects an initial report of beneficial ownership, showing a stock option holding rather than a new buy or sell transaction. The filing discloses a fully vested option over 13,459 underlying ordinary shares, exercisable at $25.3300 until March 8, 2027.