Form 4: Li-Cycle Holdings Corp. Director Anthony Tse Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Anthony Tse reports acquisition and disposal of Li-Cycle Holdings Corp. common shares and restricted stock units.
Summary
- On May 23, 2024, Anthony Tse, a director of Li-Cycle Holdings Corp., reported changes in beneficial ownership.
- Tse acquired 323,394 common shares through restricted stock units (RSUs) under the 2021 Incentive Award Plan.
- Each RSU represents the right to receive one common share, contingent upon time-vesting conditions and continued service.
- Following the reported transactions, Tse beneficially owns 627,331 common shares, including 323,394 RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Positives
- The acquisition of RSUs indicates continued alignment of the director's interests with the company's long-term performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- Shareholders are informed about changes in ownership by a company director.
Key Dates
| Date | Description |
|---|---|
| 05/23/2024 | Date of transaction involving common shares and RSUs. |
| 05/28/2024 | Date of signature by attorney-in-fact on behalf of Anthony Tse. |
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