Form 4: ChargePoint CFO Mansi Khetani Exercises Stock Options
SEC Form 4 Filing
ChargePoint CFO Mansi Khetani exercised stock options to acquire 128,259 shares of common stock at $0.76 per share on November 5, 2024.
Summary
- On November 5, 2024, Mansi Khetani, CFO of ChargePoint Holdings, Inc., exercised stock options.
- This transaction resulted in the acquisition of 128,259 shares of common stock at a price of $0.76 per share.
- Following the transaction, Khetani directly owns 977,343 shares of ChargePoint common stock.
- The exercised stock options were received in exchange for options to purchase shares of ChargePoint, Inc. common stock in connection with a merger agreement dated September 23, 2020.
- The exercised options were fully vested.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of insider transactions and provides insight into the executive's holdings in the company. It's common for executives to exercise stock options as part of their compensation.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an increase in the CFO's stake in the company.
Key Dates
| Date | Description |
|---|---|
| September 23, 2020 | Date of the Business Combination Agreement and Plan of Reorganization related to the stock options. |
| April 13, 2029 | Expiration date of one of the stock option grants. |
| May 13, 2030 | Expiration date of one of the stock option grants. |
| November 05, 2024 | Date of the stock option exercise. |
| November 06, 2024 | Date of the Form 4 filing. |
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