ACI Worldwide director receives 5,720-share stock grant
Zabaneh Samir Michael reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Zabaneh Samir Michael reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide, Inc. director Samir Michael Zabaneh received an award of 5,720 shares of common stock in the form of restricted stock units at no cash cost to him. After this grant, he directly holds 47,302 shares of the company’s common stock.
The award was granted under the company’s 2020 Equity and Performance Incentive Plan. These restricted shares will vest on the earlier of the grant’s one-year anniversary, the day immediately before the company’s next annual meeting of stockholders, or a change in control of the company.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,720 | $0.00 | $0.00 |
Footnotes (1)
- 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.
Key Figures
Key Terms
restricted stock units financial
2020 Equity and Performance Incentive Plan financial
change in control financial
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