ZIM (ZIM) EVP Arik reports stock option grants and vesting terms
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. executive Elimelech Arik, EVP HR & Organization, filed an initial ownership report showing stock option holdings in the company. He holds options over 5,173 underlying ordinary shares with a $25.3300 exercise price, expiring on March 9, 2027, which are fully vested and immediately exercisable on a net exercise basis under the award agreement. He also holds options over 34,827 underlying ordinary shares with a $14.7800 exercise price, expiring on November 20, 2029. These options vest 25% on November 20, 2025, with the remaining 75% vesting in twelve equal quarterly installments over three years, subject to his continued service, and are to be exercised on a net exercise basis.
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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 25% on the first year (11/20/2025 ) and the remaining 75% vest in twelve equal quarterly installments over a three-year period, 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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