Alarm.com (ALRM) director receives 3,222 restricted stock units as equity award
Rhea-AI Filing Summary
Clarke Donald E reported acquisition or exercise transactions in this Form 4 filing.
Alarm.com Holdings, Inc. director Donald E. Clarke reported an equity compensation award rather than a market trade. He received a grant of 3,222 restricted stock units, each representing one share of common stock at $0.00 per share.
The shares underlying this award vest on the date preceding Alarm.com’s 2027 annual meeting of stockholders, conditioned on his continued service with the company through that date. The filing also lists indirect holdings of common stock in several irrevocable trusts for family members, where Clarke disclaims beneficial ownership except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,222 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (8)
- F1. Represents a grant of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
- F2. The shares underlying this restricted stock unit award vest on the date preceding the date of the Issuer's 2027 annual meeting of stockholders, subject to the Reporting Person's continued service with the Issuer on such date.
- F3. These shares are held by the Ellen C. Whittet Irrevocable Trust 11/19/2021 (the "Ellen C. Whittet Irrevocable Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the Ellen C. Whittet Irrevocable Trust except to the extent, if any, of his pecuniary interest therein.
- F4. These shares are held by the Thomas J. Clarke Irrevocable Trust dtd 11/19/2021 (the "Thomas J. Clarke Irrevocable Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the Thomas J. Clarke Irrevocable Trust except to the extent, if any, of his pecuniary interest therein.
- F5. These shares are held by the Leanne C. Allan Irrevocable Trust dtd 11/19/2021 (the "Leanne C. Allan Irrevocable Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the Leanne C. Allan Irrevocable Trust except to the extent, if any, of his pecuniary interest therein.
- F6. These shares are held by the Robin K. Clarke Irrevocable Trust dtd 11/19/2021 (the "Robin K. Clarke Irrevocable Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the Robin K. Clarke Irrevocable Trust except to the extent, if any, of his pecuniary interest therein.
- F7. These shares are held by the John A. Clarke Irrevocable Trust dtd 11/19/2021 (the "John A. Clarke Irrevocable Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the John A. Clarke Irrevocable Trust except to the extent, if any, of his pecuniary interest therein.
- F8. These shares are held by the Donald E. Clarke Irrevocable Trust dated 11/19/2021 (the "Donald Clarke Trust"). The Reporting Person disclaims beneficial ownership of the shares owned by the Donald Clarke Trust except to the extent, if any, of his pecuniary interest therein.
Key Figures
Key Terms
restricted stock units financial
beneficial ownership financial
pecuniary interest financial
irrevocable trust financial
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