ACI Worldwide (ACIW) director granted 5,720 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lamouche Didier R reported acquisition or exercise transactions in this Form 4 filing.
ACI Worldwide, Inc. director Didier R. Lamouche reported an award of 5,720 shares of Common Stock as restricted stock units, received at $0.0000 per share as equity compensation. After this grant, he directly holds 8,950 shares. 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lamouche Didier R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,720 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 8,950 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock units granted: 5,720 shares
Grant price per share: $0.0000 per share
Shares owned after award: 8,950 shares
3 metrics
Restricted stock units granted
5,720 shares
Common Stock award on transaction date
Grant price per share
$0.0000 per share
Equity compensation award, non-cash
Shares owned after award
8,950 shares
Total direct holdings following transaction
Key Terms
restricted stock units, 2020 Equity and Performance Incentive Plan, change in control
3 terms
restricted stock units financial
"Represents shares of restricted stock units awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2020 Equity and Performance Incentive Plan financial
"awarded pursuant to the Company's 2020 Equity and Performance Incentive Plan, as amended"
change in control financial
"or (iii) a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What insider transaction did ACIW director Didier Lamouche report on Form 4?
Director Didier R. Lamouche reported receiving 5,720 shares of ACI Worldwide Common Stock as restricted stock units at $0.0000 per share. These were granted as equity compensation and increased his direct holdings to 8,950 shares after the transaction, according to the Form 4 filing.
When do Didier Lamouche’s ACIW restricted stock units vest?
The 5,720 restricted stock units vest on the earlier of three events: the anniversary of the grant date, the day immediately before ACI Worldwide’s next annual stockholder meeting, or a change in control of the company, as described in the Form 4 footnote.