Form 4: Celsius Holdings Director's Call Options Expire Unexercised

A director of Celsius Holdings, Dean DeSantis, had call options on 150,000 shares expire unexercised, as they were out of the money.

Summary

• Dean DeSantis, a director at Celsius Holdings, had call options on 150,000 shares of common stock expire without being exercised.
• These call options were sold by CD Financial LLC, where Mr. DeSantis is a trustee, to an unaffiliated third party on July 12, 2023.
• The call options were out of the money on their respective expiration dates and therefore were not exercised.
• The options expired on January 21, 2025, January 22, 2025 and January 23, 2025, with 50,000 shares covered by each option.

Sentiment

Score: 5

Explanation: The document is neutral, reporting a standard transaction of expiring call options. There is no positive or negative impact on the company.

Industry Context

This is a standard SEC Form 4 filing related to the expiration of derivative securities, which is a common occurrence for company insiders.

Comparison to Industry Standards

• The expiration of out-of-the-money call options is a common event in the financial markets.
• Many companies use options as part of their compensation or hedging strategies.
• This event is similar to other filings by company insiders regarding derivative securities.

Stakeholder Impact

• The expiration of these call options has no direct impact on shareholders, employees, customers, suppliers, or creditors.

Key Dates

Keywords

Celsius Holdings, Call Options, Dean DeSantis, Director, Share Expiration, SEC Form 4, Derivatives