Form 4: Anteris Technologies Director Exercises Stock Options
SEC Form 4 Filing
Director Stephen Denaro exercises stock options to acquire 16,500 shares of Anteris Technologies Global Corp.
Summary
- Stephen Denaro, a director of Anteris Technologies Global Corp., exercised stock options on March 11, 2025.
- This transaction resulted in the acquisition of 16,500 shares of common stock at a price of $7.13 per share.
- Following the transaction, Denaro directly owns 23,722 shares indirectly.
- The options were issued in AUD and converted to USD at an exchange rate of A$1.00 to $0.6367.
- The options vested in two equal installments on February 8, 2022, and June 24, 2022.
- The issuance of CHESS Depositary Interests (CDIs) was finalized on March 20, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding a stock option exercise, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure of a director's stock option exercise, which is a common practice in publicly traded companies to incentivize and align the interests of executives with those of shareholders.
Stakeholder Impact
- The transaction may have a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| February 8, 2022 | First vesting date of the stock options. |
| June 24, 2022 | Second vesting date of the stock options. |
| March 11, 2025 | Date of stock option exercise. |
| March 20, 2025 | Finalization of CHESS Depositary Interests (CDIs) issuance. |
Keywords
Anteris Technologies, Stephen Denaro, stock options, Form 4, beneficial ownership, CDI, director, AVR
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