AlTi (ALTI) COO granted 47,695 PRSUs; max 95,390 over 3 years
AlTi Global (ALTI) reported a Form 4 for its President and COO, reflecting a grant of 47,695.035 performance restricted stock units (PRSUs) on 05/22/2025 (code A).
Rhea-AI Filing Summary
AlTi Global (ALTI) reported a Form 4 for its President and COO, reflecting a grant of 47,695.035 performance restricted stock units (PRSUs) on 05/22/2025 (code A). Each PRSU represents the right to receive one share of Class A common stock at a price of $0. Following the transaction, 47,695.035 derivative securities are beneficially owned directly.
Vesting is performance-based: 33.33% of the PRSUs are eligible to vest at the end of each of three annual performance periods beginning on March 31, 2026, tied to total shareholder return thresholds. The maximum that may vest over three years is 95,390.070 (200% of target).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Peformance Restricted Stock Unit | 47,695.035 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each performance restricted stock unit ("PRSU") represents a contingent right to receive one share of the Company's Class A Common Stock.
- F2. 33.33% of the PRSUs shall be eligible to vest at the end of each of three annual performance periods beginning on March 31, 2026, subject to the reporting person's continued service with the Company through the applicable performance period, based on the total shareholder return of the Company's Class A Common Stock exceeding certain thresholds. The maximum number of units that may vest over three years is 95,390.070 (200% of the target number).
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