Form 4: Anteris Technologies Director Exercises Options and Disposes of Shares

Sentiment:

SEC Form 4 Filing


John D. Seaberg, a director of Anteris Technologies Global Corp., exercised stock options and disposed of shares to cover the exercise price.

Summary

  • On March 6, 2025, John D. Seaberg, a director of Anteris Technologies Global Corp., exercised 40,000 stock options at a price of $7.13.
  • 36,148 options were exercised and settled in cash, with the net cash equivalent (after the exercise price) used to cover the exercise of an additional 3,852 options.
  • Following the transaction, Seaberg directly owns 15,858 shares of common stock and indirectly owns 3,852 shares held by Citibank, N.A. London as custodian.
  • The issuance of Common Stock was finalized on March 20, 2025.
  • The options vested in two equal installments on February 8, 2022 and June 24, 2022.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock option exercises and share disposals by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company directors.

Stakeholder Impact

  • The transaction may have a minor impact on shareholders due to the change in ownership.

Key Dates

DateDescription
02/08/2022First vesting date of the stock options in two equal installments.
06/24/2022Second vesting date of the stock options in two equal installments.
03/06/2025Date of transaction: Director exercised stock options and disposed of shares.
03/20/2025Issuance of Common Stock finalized.

Keywords

Anteris Technologies, Director, Stock Options, Share Disposal, Form 4, Beneficial Ownership, Citibank N.A. London

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