ZIM Integrated Shipping (NYSE: ZIM) director reports vested option stake
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
ZIM Integrated Shipping Services Ltd. director Shaul William reported his initial beneficial ownership on a Form 3. He holds fully vested stock options to acquire 13,459 ordinary shares at an exercise price of $25.33 per share, expiring on March 8, 2027, which are immediately exercisable on a net exercise basis.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shaul William
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 (ZIM) director Shaul William report on this Form 3?
He reported his initial beneficial ownership in ZIM, specifically holding fully vested stock options. These options give him the right to acquire 13,459 ordinary shares, providing potential future equity exposure without reflecting a current buy or sell transaction.
What is the exercise price and expiry of Shaul William’s ZIM stock options?
The options have an exercise price of $25.33 per share and expire on March 8, 2027. This means he can choose to exercise at that price any time before expiry, subject to the award terms and market conditions.
Are Shaul William’s ZIM stock options currently vested and exercisable?
Yes, the filing states the stock options are fully vested and immediately exercisable on a net exercise basis. This allows him to convert options into shares while using a portion of the value to cover exercise costs, rather than paying cash upfront.
Does this ZIM Form 3 show any recent insider buying or selling?
No, this Form 3 records existing holdings rather than new trades. It lists stock options to acquire 13,459 ordinary shares but does not show open-market purchases or sales, so it primarily establishes disclosure of his current derivative position.