Seilheimer Brennan Susan 4
4 · 5E Advanced Materials, Inc. · Filed Jun 1, 2023
Insider Transaction Report
Form 4
Seilheimer Brennan Susan
Chief Executive Officer
Transactions
- Award
Stock Options
2023-04-24$7.73/sh+400,000$3,092,000→ 400,000 totalExercise: $7.73→ Common Stock (400,000 underlying) - Award
Restricted Stock Units
2023-04-24+117,925→ 117,925 total→ Common Stock (117,925 underlying)
Footnotes (2)
- [F1]Represents employee stock options (the "Options") exercisable for shares of 5E Advanced Materials, Inc. common stock. The Options were granted on Apirl 24, 2023 and have an exercise price of approximately $7.73. The Options will cliff vest on April 24, 2026, the third (3rd) anniversary of the employment agreement between the Issuer and Susan Seilheimer Brennan.
- [F2]Represents restricted stock units ("RSUs") granted on April 24, 2023 pursuant to the Issuer's 2022 Equity Compensation Plan (the "Plan"), which Plan was ratified and approved at the Issuer's 2022 Annual Meeting of Stockholders as required under applicable ASX listing rules. Each RSU represents a contingent right to receive one share of 5E Advanced Materials, Inc. common stock, and will vest in three equal installments on the first, second and third anniversary of the grant date.