AlphaYouFLNG: Traaholt Knut discloses securities transactions
By AlphaYouPublished Form 4
Traaholt Knut
Reporting filer
Traaholt Knut reported Exercise or conversion in Flex LNG Ltd.: 20348 units of Synthetic options (derivative), dated 2026-09-17. The full Form 4 contains 1 transaction entry.
- Disclosed
- Sep 18, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Synthetic options (derivative) | Traaholt Knut | 2026-09-17 | M | Exercise or conversion | 20348 | 0 | 124,614 | 1 day | Filed terms
|
Synthetic options (derivative)
- Owner
- Traaholt Knut
- Date
- 2026-09-17
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 20348
- Price
- 0
- Following holdings
- 124,614
- Reporting delay
- 1 day
- Filed terms and references
Filed terms
- security Title: Synthetic options
- conversion Or Exercise Price: 20.00
- id: F1
- transaction Date: 2026-09-17
- deemed Execution Date:
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 20348
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: A
- exercise Date: 2026-06-24
- id: F2
- expiration Date: 2030-06-24
- underlying Security Title: Cash-settled synthetic option
- id: F3
- shares Owned Following Transaction: 124614
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Traaholt Knut: Chief Financial Officer.
- F1: On September 17, 2026, the reporting person exercised 20,348 vested synthetic options for cash settlement pursuant to the Issuer's Synthetic Option Scheme. The cash settlement value was determined based on the closing price of the Issuer's ordinary shares on the New York Stock Exchange on September 17, 2026 of $32.52 per share less the strike price of $20.00 per synthetic share option, which reflects adjustments made pursuant to the Issuer's Synthetic Option Scheme, including adjustments for dividends. No ordinary shares were issued upon exercise.
- F2: The reported exercise relates to the first tranche of synthetic options granted on June 24, 2025 under the Issuer's Synthetic Option Scheme. This tranche consisted of 20,348 synthetic options, all of which vested on June 24, 2026 and became exercisable upon vesting. The synthetic options issued pursuant to the Issuer's Synthetic Option Scheme vest over a three-year period in increments of one-third per annum with initial vesting on June 24, 2026 and subsequent vesting on June 24, 2027 and June 24, 2028.
- F3: The reported securities are cash-settled synthetic options granted under the Issuer's Synthetic Option Scheme and do not represent a right to acquire ordinary shares of the Issuer.
Original sources
Prepared automatically from public filing data. Report a correction.