Name | Relationship | Address | Signature | Signature date | CIK |
---|---|---|---|---|---|
Jindal Chetan | Chief Financial Officer | 45 PARK STREET, MONTCLAIR | /s/ Chetan Jindal | 2025-06-10 | 0002051453 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TBH | Stock option (right to buy) | Award | $1.17B | +45K | $25,920.00 | 45K | Jun 1, 2025 | Common Stock | 45K | $0.58 | Direct | F1 |
Id | Content |
---|---|
F1 | The stock options ("Options") were issued pursuant to Mr. Jindal's employment agreement dated December 30, 2024, under the Company's 2024 Omnibus Incentive Plan. Twenty-five percent (25%) of the Options vested on the issuance date, and twenty-five percent (25%) shall vest on each of March 6, 2026, March 6, 2027, and March 6, 2028 (the "Vesting Schedule"). The Options are exercisable in accordance with the Vesting Schedule and shall expire on March 5, 2035. |