Amplitude director receives RSU stock award
Schultz Erica reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Schultz Erica reported acquisition or exercise transactions in this Form 4 filing.
Amplitude, Inc. director Erica Schultz received an award of 1,659 shares of Class A Common Stock in the form of restricted stock units. The RSUs were granted under the company’s Non-Employee Director Compensation Program in lieu of cash retainer fees and carry no purchase price.
Following this grant, Schultz directly holds 143,100 shares of Class A Common Stock, which the disclosure notes includes 28,194 RSUs. Each RSU represents the right to receive one share of Class A Common Stock, with issuance of the underlying shares deferred under the program’s terms.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,659 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") that were granted pursuant to the Issuer's Non-Employee Director Compensation Program (the"Program") in lieu of retainer fees. Each RSU represents a right to receive one share of Class A Common Stock. Issuance of the RSU shares has been deferred pursuant to the terms of the Program.
- F2. Includes 28,194 RSUs.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Non-Employee Director Compensation Program financial
retainer fees financial
Class A Common Stock financial
FAQ
What did Amplitude (AMPL) director Erica Schultz report in this Form 4?
What are the terms of the RSUs granted to Erica Schultz at Amplitude (AMPL)?
Is Erica Schultz’s Amplitude (AMPL) Form 4 transaction a market purchase or sale?
Why did Amplitude (AMPL) grant RSUs to Erica Schultz instead of cash fees?
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