ACI Worldwide director granted 5,720 RSUs
SANCHEZ ADALIO T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SANCHEZ ADALIO T reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide, Inc. director Adalio T. Sanchez reported an equity compensation grant and updated holdings. He received 5,720 shares of common stock as restricted stock units under the company’s 2020 Equity and Performance Incentive Plan, at a stated price of $0.0000 per share.
The restricted shares vest on the earlier of the grant’s anniversary, the day before the next annual stockholder meeting, or a change in control of the company. Following this grant, Sanchez directly holds 70,098 common shares and, through a trust for which his spouse is trustee and his child beneficiary, indirectly holds 31,417 additional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,720 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents shares of restricted stock units awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan, as amended. The restricted shares vest on the earlier to occur of (i) anniversary of the date of grant, (ii) the day immediately prior to the date of the Company's next annual meeting of the stockholders, or (iii) a change in control of the Company.
- F2. Represents shares held in a trust regarding which Mr. Sanchez's spouse in the trustee and Mr. Sanchez's child is the beneficiary.
Key Figures
Key Terms
restricted stock units financial
2020 Equity and Performance Incentive Plan financial
change in control financial
trust financial
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