400,000 Origin Materials (ORGN) options granted to GC and CCO
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Origin Materials, Inc. reported that insider Joshua C. Lee, the company's General Counsel and Chief Compliance Officer, received a grant of stock options. The award covers 400,000 Stock Options (Right to Buy) at an exercise price of $0.0000 per share.
According to the filing, all 400,000 options are held as of the reported date as direct ownership. A footnote states that 50% of the option vests on February 17, 2027 and the remaining 50% vests on February 17, 2028, provided Mr. Lee continues to provide services through those vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lee Joshua C.
Role
GC, Chief Compliance Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 400,000 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 400,000 shares (Direct)
Footnotes (1)
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FAQ
What did Origin Materials (ORGN) insider Joshua C. Lee receive in this Form 4?
Joshua C. Lee received a grant of 400,000 Stock Options (Right to Buy) in Origin Materials, Inc. The options were acquired at an exercise price of $0.0000 per share and are reported as directly owned following the transaction.
When do Joshua C. Lee’s Origin Materials (ORGN) stock options vest?
The stock options granted to Joshua C. Lee vest in two equal parts. 50% vests on February 17, 2027 and the remaining 50% vests on February 17, 2028, contingent on his continued service to Origin Materials through those dates.
What is the exercise price of the Origin Materials (ORGN) options granted to Joshua C. Lee?
The Form 4 states that the 400,000 Stock Options (Right to Buy) granted to Joshua C. Lee have an exercise price of $0.0000 per share. This price applies to the entire option grant reported in the transaction.
How many Origin Materials (ORGN) derivative securities does Joshua C. Lee hold after this transaction?
Following the reported grant, Joshua C. Lee holds 400,000 Stock Options (Right to Buy) as derivative securities. The Form 4 lists these 400,000 options as directly owned total derivative securities after the acquisition transaction.
What role does Joshua C. Lee hold at Origin Materials (ORGN) in this Form 4?
The Form 4 identifies Joshua C. Lee as an officer of Origin Materials, Inc. He is described with the officer title “GC, Chief Compliance Officer”, indicating his positions as General Counsel and Chief Compliance Officer at the company.