Biodexa (NASDAQ: BDRX) director reports detailed stock option holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Biodexa Pharmaceuticals Plc director Stephen Barry Parker filed an initial statement of ownership showing holdings of a stock option over 576 American Depositary Shares. The option has an exercise price of $475.0000 per ADS and expires on January 23, 2034.
The shares underlying this option vest over four years, with 25% vesting on the one-year anniversary of grant and 6.25% vesting every three months thereafter, subject to his continued service. Each American Depositary Share represents 100,000 ordinary shares of Biodexa.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parker Stephen Barry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 576 shares (Direct)
Footnotes (1)
- The shares underlying this option vest over a four-year period with (i) 25% vesting on the one-year anniversary of grant, and (ii) 6.25% vesting every three months thereafter, subject to the Reporting Person's continued service through the applicable vesting date. Each American Depositary Share represents 100,000 ordinary shares, nominal value PS0.000001 per share, of the Issuer. The exercise price for this option is denominated in British pounds sterling at a price of GBP 373.936 per American Depositary Share. The exercise price reported herein was converted into British pound sterling to United States dollars at a conversion rate of GBP 1.00 to USD 1.2703. The exercise price is the actual British pound sterling amount regardless of the exchange rate on the date of exercise.
FAQ
What did Stephen Barry Parker report in his Form 3 for BDRX?
Stephen Barry Parker reported holding a stock option over 576 American Depositary Shares of Biodexa Pharmaceuticals Plc. The Form 3 is an initial ownership filing, showing his existing derivative position rather than a new market trade.
What are the key terms of Stephen Barry Parker’s stock option in BDRX?
The stock option covers 576 American Depositary Shares with a $475.0000 exercise price per ADS. It expires on January 23, 2034 and represents a right to buy shares rather than current share ownership.
How does Stephen Barry Parker’s BDRX option vest over time?
The option vests over four years. Twenty-five percent vests on the one-year anniversary of grant, and an additional 6.25% vests every three months afterward, contingent on his continued service through each vesting date.
In what currency is the exercise price of Stephen Barry Parker’s BDRX option set?
The exercise price is denominated in British pounds sterling at GBP 373.936 per ADS. It is reported as $475.0000 using a GBP 1.00 to USD 1.2703 conversion rate, though the actual obligation is in pounds.