Taylor Vaughn William 4

What Happened
Taylor Vaughn William, a director of Mixed Martial Arts Group Ltd (MMA), was granted 600,000 Performance Rights on 2026-05-08. The grant was recorded at $0.00 (no cash paid). Each Performance Right converts into one ordinary share upon vesting, so the award could result in up to 600,000 new shares if the vesting condition is met.

Key Details

• Transaction date and type: 2026-05-08 — Award/Grant of 600,000 Performance Rights (derivative securities). Report filed 2026-05-11.
• Price: $0.00 per right at grant (no cash paid).
• Conversion: Each Performance Right converts into 1 fully paid ordinary share upon vesting (1:1).
• Vesting condition: Sole condition is group revenue > US$10,000,000 in any financial year ending on or before 30 June 2029. No service/tenure requirement; rights vest immediately when the revenue target is met and lapse if not satisfied by 30 June 2029. (Footnote F1)
• Ownership/holding: Rights are held indirectly via Nalaroo Holdings Pty Ltd <Lavoipierre Taylor Fam A/C>; reporting person controls that entity (100% owner and sole director). (Footnote F2)
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Report filed 2026-05-11 for a 2026-05-08 grant; no late filing flag indicated in the document.

Context: This is a conditional equity award (performance rights) rather than an open-market purchase or sale. The award only converts to shares if a specific revenue milestone is achieved by the deadline; until that condition is met the instrument is a derivative contingent on company performance.