Business
Vesting of Restricted Stock Units & PDMR Dealings
Vesting of Restricted Stock Units & PDMR Dealings.
About this update from Boku, Inc.
[{"type":"text","content":"\n\n27 March 2024\n \nBoku, Inc.\n(\"Boku\" or the \"Company\")\n \nVesting of Restricted Stock Units, Exercise of Options, PDMR Dealings and Total Voting Rights\n \nThe Company announces that, on 26 March 2024, 3,953,094 common shares of $0.0001 each in the Company (\"Common Shares\") which were held in treasury have been utilised to satisfy 3,630,385 vested restricted stock units (\"RSUs\") and 322,709 exercised options over the Common Shares awarded to certain employees, including the PDMRs listed below. This RSU vesting and exercise of certain options triggered immediate tax liabilities that were satisfied by partial sales of the resultant Common Shares on 26 March 2024.\n \nDetails of the PDMR dealings are as follows and summarised in the table below:\n \n· Stuart Neal, CEO, vested 66,000 RSUs and, on 26 March 2024, sold 31,175 of the resultant Common Shares at a price of 183 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Neal's holding in the Company increased by 34,825 Common Shares to 634,825 Common Shares, representing 0.21% of the issued share capital of Company.\n \n· Keith Butcher, CFO, vested 275,000 RSUs and, on 26 March 2024, sold 335,000 Common Shares at a price of 183 pence per Common Share to meet the tax liabilities from the vesting, dealing expenses and for personal reasons. As a result of these transactions, Mr. Butcher's holding in the Company decreased by 60,000 Common Shares to 672,860 Common Shares, representing 0.22% of the issued share capital of the Company.\n \n· Jon Prideaux, Non-Executive Director, vested 300,000 RSUs and, on 26 March 2024, sold 141,554 of the resultant Common Shares at a price of 183 pence per share to meet the tax liabilities from the vesting and dealing expenses. As a result of these transactions, Mr. Prideaux's holding in the Company increased by 158,446 Common Shares to 3,501,549 Common Shares, representing 1.16% of the issued share capital of Company.\n \n· Mark Stannard, PDMR, vested 250,000 RSUs and, on 26 March 2024, exercised a total of 100,000 options over Common Shares at 86 pence per Common Share under the Company's 2017 Equity Incentive Plan. On 26 March 2024, Mr. ...