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Nike | 3: Initial statement of beneficial ownership of securities-Officer Heinle Treasure

SEC ·  05:20

Summary by Moomoo AI

Treasure Heinle, EVP and CHRO of Nike, filed an initial statement of beneficial ownership (Form 3) with the SEC on January 6, 2025. The filing reveals Heinle's direct ownership of 12,484 Class B Common Stock shares and indirect ownership of 508 shares through a retirement plan.The report also details Heinle's holdings of non-qualified stock options. These include rights to buy Class B Common Stock at various exercise prices, ranging from $82.2 to $164.56 per share, with expiration dates between 2028 and 2033. The largest grant is 14,260 options at $106.49, expiring in 2032.The stock options were granted annually from 2018 to 2023, each becoming exercisable in 25% increments over four years from the grant date. This compensation structure aligns with Nike's long-term executive retention and performance incentive strategies.
Treasure Heinle, EVP and CHRO of Nike, filed an initial statement of beneficial ownership (Form 3) with the SEC on January 6, 2025. The filing reveals Heinle's direct ownership of 12,484 Class B Common Stock shares and indirect ownership of 508 shares through a retirement plan.The report also details Heinle's holdings of non-qualified stock options. These include rights to buy Class B Common Stock at various exercise prices, ranging from $82.2 to $164.56 per share, with expiration dates between 2028 and 2033. The largest grant is 14,260 options at $106.49, expiring in 2032.The stock options were granted annually from 2018 to 2023, each becoming exercisable in 25% increments over four years from the grant date. This compensation structure aligns with Nike's long-term executive retention and performance incentive strategies.
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