[Form 3] Nova Minerals Ltd Initial Statement of Beneficial Ownership
Rhea-AI Filing Summary
Nova Minerals Ltd director of finance Bentley Craig filed an initial statement showing his current ownership in the company’s ordinary shares and options. He holds 2,259,669 ordinary shares directly, along with additional indirect holdings through Kerse Pty Ltd and Speedy Investments Pty Ltd, over which he has voting and investment control.
Craig is also reported to hold several indirect stock option awards via Kerse Pty Ltd, each over blocks of 875,000 or 750,000 underlying ordinary shares at an exercise price of 0.4500 per share, expiring on December 23, 2028. Footnotes state that some option tranches are fully vested and exercisable, while others are scheduled to vest upon operational and sales milestones by the end of 2026, provided he remains employed and the milestones are achieved. The filing records positions only and does not show new share purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class A Stock Option (right to buy) | -- | -- | -- |
| holding | Class B Stock Option (right to buy) | -- | -- | -- |
| holding | Class C Stock Option (right to buy) | -- | -- | -- |
| holding | Class D Stock Option (right to buy) | -- | -- | -- |
| holding | Ordinary Shares, no par value | -- | -- | -- |
| holding | Ordinary Shares, no par value | -- | -- | -- |
| holding | Ordinary Shares, no par value | -- | -- | -- |
Footnotes (1)
- The reporting person has voting and investment control of this entity due to being a director of these entities. The shares subject to the option are fully vested and currently exercisable. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.
