On
1. Exercise of stock options
Employees of the Atea group have exercised stock options.
In total, 5,000 stock options were exercised under the original agreements. Atea will transfer 5,000 of its own shares to fulfill the Company's obligations under these employee stock option agreements.
2. Conversion of stock options and exercise of rights
Employees of the Atea group have entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value.
In total, 495,583 stock options with a weighted average strike price of
Employees of the Atea group exercised their rights to receive shares in the Company.
After withholding of income taxes, employees received rights to 113,059 shares in
3. Conversion of stock options and exercise of rights by primary insiders
The following primary insiders entered into an agreement with Atea to convert stock options into the right to receive shares in the Company of an equivalent value and exercised their rights to receive shares.
Carl-Johan Hultenheim converted 125,000 stock options at a strike price of
Steinar Sønsteby converted 150,000 stock options at a strike price of
4. Transfer of rights and sale of shares
The primary insiders mentioned above transferred their rights to receive shares resulting from the conversion of options to a third party. The payment has been determined based on a selling price of
5. New holding
Carl-Johan Hultenheim holds 600,000 options, 14,083 shares, and 42 RSUs in the Company.
Steinar Sønsteby holds 1,200,000 options and 125,083 shares, and 42 RSUs in the Company.
See details about the transactions for primary insiders on
For further information, please contact:
Steinar Sønsteby, CEO
https://news.cision.com/atea-asa/r/mandatory-notification-of-trade,c3969127
https://mb.cision.com/Public/14602/3969127/84b660a6f4cbb2f1.pdf
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