Atlas Energy (AESI) director awarded 22,200 restricted stock units, now 53,209 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mills Mark P reported acquisition or exercise transactions in this Form 4 filing.
Atlas Energy Solutions Inc. director Mark P. Mills received an equity grant of 22,200 restricted stock units under the Atlas Energy Solutions Inc. Long Term Incentive Plan. The award, which carried no cash purchase price, will vest in full on the first anniversary of the grant date, subject to his continued service. Following this grant, his directly held common stock equivalent holdings increased to 53,209 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Mills Mark P
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 22,200 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,209 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Atlas Energy Solutions Inc. (AESI) report for Mark P. Mills?
Atlas Energy Solutions Inc. reported that director Mark P. Mills received a grant of 22,200 restricted stock units. These units were awarded under the company’s Long Term Incentive Plan and increased his directly held common stock equivalent position to 53,209 shares after the grant.
Was the Atlas Energy Solutions Inc. (AESI) equity grant to Mark P. Mills a purchase or an award?
The transaction was an award, not an open-market purchase. Mark P. Mills received 22,200 restricted stock units as a grant under the Atlas Energy Solutions Inc. Long Term Incentive Plan, with no cash price paid per share in the reported transaction.
What are the vesting terms of Mark P. Mills’ Atlas Energy Solutions Inc. (AESI) restricted stock unit award?
The restricted stock unit award to Mark P. Mills vests in full on the first anniversary of the grant date. Vesting is expressly conditioned on his continued service with Atlas Energy Solutions Inc. through that one-year vesting date, according to the transaction footnote.
Under which plan did Atlas Energy Solutions Inc. (AESI) grant restricted stock units to Mark P. Mills?
The 22,200 restricted stock units granted to Mark P. Mills were issued under the Atlas Energy Solutions Inc. Long Term Incentive Plan. This plan is used by the company to deliver equity-based compensation awards such as the one reported in this Form 4 transaction.