ZIM (ZIM) EVP Hani Kalinski details vested and vesting stock options
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. executive Hani Kalinski filed an initial Form 3 reporting stock option holdings in the company. The filing lists two sets of options over Ordinary Shares, both held directly.
One option grant covers 30,283 underlying Ordinary Shares at an exercise price of $25.33 per share, expiring on March 8, 2027, and is fully vested and immediately exercisable on a net exercise basis under the award agreement. A second grant covers 30,515 underlying Ordinary Shares at an exercise price of $24.59 per share, expiring on August 14, 2027, and vests in four equal annual installments of 25% per year starting August 14, 2023, subject to continued service, with net exercise terms under the award agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kalinski Hani
Role
EVP Pacific BU
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 30,283 shares (Direct)
Footnotes (1)
- The Stock Options are Fully vested and immediately exercisable on a net exercise basis pursuant to the terms of the award agreement. The Options vest in four equal annual installments (25% per year) commencing on 08/14/2023 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.
FAQ
What does ZIM (ZIM) executive Hani Kalinski report on this Form 3?
The Form 3 reports Hani Kalinski’s initial beneficial ownership in ZIM options. It lists two directly held stock option grants over Ordinary Shares, detailing exercise prices, expiration dates, and vesting conditions as part of compensation rather than open-market trades.
How many ZIM options does Hani Kalinski hold according to this filing?
The filing shows options over 30,283 underlying Ordinary Shares at one strike price and 30,515 underlying Ordinary Shares at another. Together, these represent two separate stock option awards, both documented as part of the executive’s initial beneficial ownership disclosure.
What are the exercise prices and expirations of Hani Kalinski’s ZIM options?
One option grant has a $25.33 exercise price and expires March 8, 2027. The second has a $24.59 exercise price and expires August 14, 2027. These terms define the cost and time window for exercising the options into ZIM Ordinary Shares.
How do the ZIM options held by Hani Kalinski vest over time?
One option grant is fully vested and immediately exercisable on a net exercise basis. The second vests in four equal annual installments of 25% each, beginning August 14, 2023, conditioned on continued service with ZIM or its subsidiaries through each vesting date.
Are Hani Kalinski’s ZIM options exercisable on a net exercise basis?
Yes. The filing notes one grant is fully vested and immediately exercisable on a net exercise basis. The other will be exercised on a net exercise basis as it vests, all pursuant to the specific terms of the underlying stock option award agreements.