ZIM (NYSE: ZIM) director discloses fully vested stock options in Form 3
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. director Yair Seroussi reported existing derivative holdings in a Form 3. He holds stock options exercisable into 26918 Ordinary Shares at an exercise price of 25.3300 per share, expiring on 2027-03-08. The options are fully vested and immediately exercisable on a net exercise basis, so this filing reflects ownership rather than a new buy or sell transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEROUSSI YAIR
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 26,918 shares (Direct)
Footnotes (1)
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FAQ
What does ZIM (ZIM) director Yair Seroussi report in this Form 3?
He reports existing derivative holdings, not a new trade. The filing shows stock options over 26918 Ordinary Shares of ZIM, giving transparency into his already-awarded equity position as a company director.
What are the key terms of Yair Seroussi’s ZIM stock options reported on Form 3?
The stock options have an exercise price of 25.3300 per share and expire on 2027-03-08. They relate to 26918 underlying Ordinary Shares, defining the cost and timeframe for potential exercise.
Are Yair Seroussi’s ZIM stock options already vested and exercisable?
Yes, the footnote states the stock options are fully vested and immediately exercisable on a net exercise basis. This means he can convert them into Ordinary Shares subject to the award agreement’s net settlement mechanics.
Does this ZIM (ZIM) Form 3 show any insider buying or selling activity?
No. The Form 3 records an existing stock option holding rather than a new purchase or sale. It establishes Yair Seroussi’s initial reported derivative position as a director, with no change in ownership direction implied.