IPAR.NASDAQInterparfums INC
Form 4: Interparfums Inc. Director Gilbert Harrison Reports Acquisition of Stock Options
Sentiment:
SEC Form 4
Director Gilbert Harrison reports the acquisition of stock options in Interparfums Inc. on December 31, 2024.
Summary
- On December 31, 2024, Gilbert Harrison, a director of Interparfums Inc., reported the acquisition of options to buy Interparfums Inc. common stock.
- Harrison acquired options to purchase 300 shares of common stock at an exercise price of $130.60, which become exercisable annually from December 31, 2025, through December 31, 2029, and expire on December 30, 2030.
- The filing also details Harrison's existing holdings of Interparfums Inc. options with varying exercise prices and expiration dates.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard disclosure of stock option acquisition by a director. While insider confidence is generally positive, this is a routine filing.
Positives
- The acquisition of stock options by a director can be seen as a positive sign, indicating confidence in the company's future performance.
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 insiders and their potential alignment with shareholder interests.
Comparison to Industry Standards
- Option grants to directors are a common practice in publicly listed companies like Interparfums Inc.
- Companies such as Estee Lauder and Coty also grant stock options to their directors as part of their compensation packages.
- The terms of these option grants, including exercise price and vesting schedule, are generally aligned with industry standards to incentivize long-term performance.
Stakeholder Impact
- The acquisition of stock options by a director can potentially align the director's interests with those of shareholders, as the value of the options is tied to the company's stock performance.
Key Dates
| Date | Description |
|---|---|
| 02/01/2021 | Date options exercisable for options with an exercise price of $69.11 and expiration of 01/31/2025 |
| 02/01/2022 | Date options exercisable for options with an exercise price of $69.11 and expiration of 01/31/2025 and options with an exercise price of $62.18 and expiration of 01/31/2026 |
| 02/01/2023 | Date options exercisable for options with an exercise price of $69.11 and expiration of 01/31/2025 and options with an exercise price of $62.18 and expiration of 01/31/2026 |
| 02/01/2024 | Date options exercisable for options with an exercise price of $69.11 and expiration of 01/31/2025 and options with an exercise price of $62.18 and expiration of 01/31/2026 |
| 01/31/2025 | Expiration date for options with an exercise price of $69.11 |
| 02/01/2025 | Date options exercisable for options with an exercise price of $62.18 and expiration of 01/31/2026 |
| 01/31/2026 | Expiration date for options with an exercise price of $62.18 |
| 12/30/2028 | Expiration date for options with an exercise price of $97.84 |
| 12/28/2029 | Expiration date for options with an exercise price of $147.71 |
| 12/30/2030 | Expiration date for options with an exercise price of $130.6 |
| 12/31/2023 | Date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028 |
| 12/31/2024 | Date of transaction and date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028 |
| 12/29/2024 | Date options exercisable for options with an exercise price of $147.71 and expiration of 12/28/2029 |
| 12/31/2024 | Date options exercisable for options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 12/31/2025 | Date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028, options with an exercise price of $147.71 and expiration of 12/28/2029 and options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 12/29/2025 | Date options exercisable for options with an exercise price of $147.71 and expiration of 12/28/2029 |
| 12/31/2026 | Date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028, options with an exercise price of $147.71 and expiration of 12/28/2029 and options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 12/29/2026 | Date options exercisable for options with an exercise price of $147.71 and expiration of 12/28/2029 |
| 12/31/2027 | Date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028, options with an exercise price of $147.71 and expiration of 12/28/2029 and options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 12/29/2027 | Date options exercisable for options with an exercise price of $147.71 and expiration of 12/28/2029 |
| 12/31/2028 | Date options exercisable for options with an exercise price of $97.84 and expiration of 12/30/2028, options with an exercise price of $147.71 and expiration of 12/28/2029 and options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 12/29/2028 | Date options exercisable for options with an exercise price of $147.71 and expiration of 12/28/2029 |
| 12/31/2029 | Date options exercisable for options with an exercise price of $130.6 and expiration of 12/30/2030 |
| 01/03/2025 | Date of signature |
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