Amgen director receives 665-share RSU grant
Drake Michael V reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Drake Michael V reported acquisition or exercise transactions in this Form 4 filing.
Amgen Inc. director Michael V. Drake received 665 shares of common stock as a grant of Restricted Stock Units (RSUs). The RSUs were awarded under Amgen’s 2009 Director Incentive Program and vested immediately, paying out in common shares on a one-to-one basis. Following this award, Drake directly holds about 5,774.2869 Amgen shares, including 339 dividend equivalents credited to his unvested RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 665 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Stock Units (RSUs) were granted pursuant to the Amgen Inc. 2009 Director Incentive Program, as amended, under the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and vested immediately. Vested RSUs are paid in shares of the Company's common stock on a one-to-one basis. Vested RSUs may be deferred by the director, in which case payment will occur according to the elected deferral schedule.
- F2. These shares include 339 DEs granted pursuant to the Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan and subject to a qualifying dividend reinvestment plan. DEs are credited to the reporting person's unvested Restricted Stock Units and are paid out in shares of the Company's common stock on a one-to-one basis according to the vesting schedule, along with a cash payment for any remaining fractional share amount.
Key Figures
Key Terms
Restricted Stock Units (RSUs) financial
Amgen Inc. 2009 Director Incentive Program financial
Amgen Inc. Second Amended and Restated 2009 Equity Incentive Plan financial
Dividend Equivalents (DEs) financial
qualifying dividend reinvestment plan financial
FAQ
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What did Amgen (AMGN) director Michael V. Drake report in this Form 4?
Is Michael V. Drake’s Amgen Form 4 transaction a market purchase or sale?
What are the key terms of the RSUs reported by Michael V. Drake at Amgen?
What are dividend equivalents (DEs) mentioned in Michael V. Drake’s Amgen filing?
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