Amneal EVP granted new stock unit awards
BOYER ANDREW S reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BOYER ANDREW S reported acquisition or exercise transactions in this Form 4 filing.
Amneal Pharmaceuticals Executive Vice President Andrew S. Boyer reported awards of 65,359 restricted stock units and 65,359 performance-based restricted stock units. Each unit represents a contingent right to receive one share of Class A common stock if vesting conditions are met.
The time-based restricted stock units vest in four equal annual installments beginning on March 2, 2027. The performance-based units are tied to average closing price targets over a three-year period ending February 28, 2029, with payout ranging from 0% to 200% of a 65,359-share target and a maximum of 65,359 shares issuable under the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 65,359 | $0.00 | $0.00 |
| Grant/Award | Performance-Based Restricted Stock Units | 65,359 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F2. The restricted stock units vest in four equal annual installments beginning on March 2, 2027.
- F3. Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's Class A Common Stock.
- F4. Represents a performance-based restricted stock unit grant of 65,359 target shares. The performance-based restricted stock units are scheduled to vest based on the Issuer's Class A Common Stock achieving certain average closing price per share targets at the end of the three-year performance period. The number of shares that would be received upon vesting, if any, may vary from 0% to 200% of the target number. The number of performance-based restricted stock units reported in the table above represents the maximum number of shares issuable under the award. Any earned performance-based restricted stock units vest in full on February 28, 2029, the last day of the performance period.
FAQ
What did Amneal Pharmaceuticals (AMRX) executive Andrew S. Boyer report on this Form 4?
How do the restricted stock units for AMRX executive Andrew S. Boyer vest?
What are the performance conditions on Andrew S. Boyer’s AMRX performance-based RSUs?
When do Andrew S. Boyer’s performance-based RSUs in Amneal (AMRX) vest?
Does Andrew S. Boyer pay a purchase price for the AMRX restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.