Form 4: Anteris Technologies Director John Seaberg Reports Share and Option Transactions Following Reorganization

Director John Seaberg reports acquisition of common stock and stock options in Anteris Technologies Global Corp. following a reorganization and initial public offering.

Summary

• John Seaberg, a director of Anteris Technologies Global Corp., reported transactions involving the company's common stock and stock options.
• These transactions occurred on December 16, 2024, following a reorganization where Anteris Technologies Global Corp. acquired all shares of Anteris Technologies Ltd (ATL).
• Seaberg received 15,858 shares of common stock in exchange for an equivalent number of ATL ordinary shares.
• He also acquired stock options with various exercise prices and vesting schedules, originally issued by ATL and assumed by Anteris Technologies Global Corp.
• The closing price of Anteris Technologies Global Corp.'s common stock on December 16, 2024, was $5.50 per share.

Sentiment

Score: 7

Explanation: The document reflects standard transactions following a reorganization and IPO, which is generally positive. The director's acquisition of shares and options indicates confidence in the company's future.

Positives

• The reorganization and initial public offering have resulted in the director holding shares and options in the new entity.
• The director's continued service is tied to the vesting of the options, aligning his interests with the company's long-term success.

Risks

• The value of the stock options is dependent on the future performance of the company's stock price.
• The vesting of the options is contingent on the director's continued service, which could be a risk if he were to leave the company.

Industry Context

This filing reflects standard reporting requirements for company insiders following a significant corporate event such as a reorganization and IPO. It is common for directors and officers to receive shares and options as part of their compensation and incentive packages.

Comparison to Industry Standards

• The granting of stock options to directors is a common practice in publicly traded companies, particularly following an IPO or reorganization.
• The vesting schedules for the options are typical, designed to incentivize long-term commitment and performance.
• The exercise prices of the options are set at a premium to the initial public offering price, which is also a standard practice.

Stakeholder Impact

• The transactions reported in this document are likely to be of interest to shareholders, as they provide insight into the compensation and incentives of the company's directors.
• The vesting schedules of the options align the director's interests with the long-term success of the company, which is beneficial for shareholders.

Key Dates

Keywords

Anteris Technologies, John Seaberg, Director, Stock Options, Common Stock, Reorganization, Initial Public Offering, Share Acquisition, Vesting, SEC Form 4