Amneal EVP granted new restricted stock units
Shah Nikita reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Shah Nikita reported acquisition or exercise transactions in this Form 4 filing.
Amneal Pharmaceuticals Executive Vice President Nikita Shah received equity awards in the form of restricted stock units. She was granted 65,359 time-based restricted stock units and 65,359 performance-based restricted stock units, each representing a right to receive one share of Class A common stock.
The time-based units vest in four equal annual installments starting on March 2, 2027. The performance-based units are tied to average closing price targets over a three-year performance period, with potential payout from 0% to 200% of the target, and any earned units vesting on February 28, 2029.
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- None.
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- 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 equity awards did Amneal (AMRX) Executive Vice President Nikita Shah receive?
How do the time-based restricted stock units for Amneal (AMRX) EVP vest?
What determines vesting of the performance-based RSUs granted by Amneal (AMRX)?
When do the performance-based RSUs for Amneal (AMRX) Executive Vice President vest if earned?
What type of Form 4 activity occurred for Amneal (AMRX) Executive Vice President Nikita Shah?
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