SEC Filing Summary
Mawjee Jehan, Chief Accounting Officer of Borr Drilling Ltd, reported transactions related to employee stock options and common shares. The filing details the grant, vesting, and exercise of various stock options with different strike prices and expiration dates. It also includes holdings of common shares, with some units subject to vesting conditions tied to continuous employment. Specifically, Jehan holds RSUs that vest in 2026, 2027, and 2028. Additionally, the filing outlines the amendment of an outstanding option, resulting in the cancellation of the old option and the grant of a replacement, which is now fully vested and exercisable. The transactions also include grants of new options in August 2024, November 2023, and September 2022, with staggered vesting schedules and varying strike prices. The total number of shares owned following these transactions is detailed, with specific footnotes explaining the nature of the holdings, including restricted stock units and options with different vesting and exercise terms.