Company: FEAV
Filing Date: 2025-02-03
Form Type: DEF 14A
Source: 0000950170-25-012391
Chunk: 141

Company: 5E Advanced Materials, Inc.
Filing Date: 2025-02-03
Form: DEF 14A
Chunk 141
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-average remaining period of approximately 1.5 years. As of September 30, 2024 and 2023, the maximum expiration date for unvested options was approximately 2.8 and 9.6 years, respectively.

The following table summarizes the activity for unvested options for each of the periods presented.

|                                     |     | Three months ended September 30,      
 2024                                  
 Number of Options                     
 (In thousands, except per share data) |     |     | Weighted Average Grant Date Fair Value per share |      |     | 2023              
 Number of Options |      |   |     | Weighted Average Grant Date Fair Value per share |       |
|:------------------------------------|:----|:--------------------------------------|----:|:----|:-------------------------------------------------|-----:|:----|:------------------|-----:|:--|:----|:-------------------------------------------------|------:|
| Unvested at beginning of the period |     |                                       | 341 |     | $                                                | 1.79 |     |                   |  838 |   |     | $                                                |  6.42 |
| Granted                             |     |                                       | 301 |     |                                                  | 0.22 |     |                   |  300 |   |     |                                                  |  2.08 |
| Vested                              |     |                                       |   — |     |                                                  |    — |     |                   |   (7 | ) |     |                                                  |  6.85 |
| Expired/forfeited                   |     |                                       |   — |     |                                                  |    — |     |                   | (278 | ) |     |                                                  | 10.48 |
| Unvested at end of the period       |     |                                       | 642 |     | $                                                | 1.05 |     |                   |  853 |   |     | $                                                |  3.57 |

As of September 30, 2024 and 2023, all outstanding stock options and vested stock options had no intrinsic value as the exercise prices of the respective options exceeded the Company's stock price on such dates. There were no options exercised during the three months ended September 30, 2024 and 2023.

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Full Value Awards (Restricted Share Units, Director Share Units and Performance Share Units)

The following table summarizes RSU, DSU and PSU activity for