Nova Minerals (NVA) secretary reports option and share holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Nova Minerals Ltd officer Ian Craig Pamensky, the company’s Secretary, has filed an initial ownership report showing his equity position. Through Lorian Pty Ltd, over which he has voting and investment control, he indirectly holds four classes of stock options, each linked to 250,000 Ordinary Shares at an exercise price of $0.4500 per share, expiring on December 23, 2028. According to the notes, some of these options are already fully vested and exercisable, while others will vest only if specified operational and sales milestones are achieved by the end of 2026, with those milestones not yet met as of the report date. He also indirectly holds 45,000 Ordinary Shares through Lorian Pty Ltd and directly holds 55,618 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Pamensky Ian Craig
Role
Secretary
| 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 | -- | -- | -- |
Holdings After Transaction:
Class A Stock Option (right to buy) — 250,000 shares (Indirect, By Lorian Pty Ltd);
Class B Stock Option (right to buy) — 250,000 shares (Indirect, By Lorian Pty Ltd);
Class C Stock Option (right to buy) — 250,000 shares (Indirect, By Lorian Pty Ltd);
Class D Stock Option (right to buy) — 250,000 shares (Indirect, By Lorian Pty Ltd);
Ordinary Shares, no par value — 45,000 shares (Indirect, By Lorian Pty Ltd);
Ordinary Shares, no par value — 55,618 shares (Direct)
Footnotes (1)
- The reporting person has voting and investment control of this entity due to being a director and shareholder of this entity. 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.
FAQ
What does the Nova Minerals (NVA) Form 3 filing by Ian Craig Pamensky show?
The Form 3 shows Nova Minerals Secretary Ian Craig Pamensky’s initial ownership. He holds direct and indirect Ordinary Shares plus multiple option grants, outlining his equity-based stake at the time he became a reporting insider.
How many Nova Minerals (NVA) options does Ian Craig Pamensky report on Form 3?
He reports four classes of stock options, each tied to 250,000 Nova Minerals Ordinary Shares at a $0.4500 exercise price, expiring December 23, 2028. These options represent significant potential future share ownership if exercised.
Are Ian Craig Pamensky’s Nova Minerals (NVA) options fully vested?
Some options are already fully vested and exercisable, while others vest only upon achieving specified operational and sales milestones by the end of 2026. The filing notes that these milestones had not been achieved as of the report date.
What is Lorian Pty Ltd’s role in the Nova Minerals (NVA) Form 3?
Lorian Pty Ltd holds certain shares and options reported for Nova Minerals’ Secretary. Pamensky has voting and investment control over Lorian, so its holdings are attributed to him as indirect ownership under SEC beneficial ownership rules.