Amesite director gets 10,902 deferred stock units
LOSH J MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LOSH J MICHAEL reported acquisition or exercise transactions in this Form 4 filing.
Amesite Inc. director J. Michael Losh, through the J. Michael Losh Irrevocable Qualified Annuity Trust #7, received a grant of 10,902 restricted stock units as deferred stock units in lieu of cash director fees. Each unit represents one share of AMST common stock or its cash equivalent, deliverable after board service ends or upon an earlier change in control. Following this award, the trust holds 101,265 units in total.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 10,902 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of AMST common stock and/or the cash equivalent of such share.
- F2. The reported securities were issued as "deferred stock units" in lieu of cash compensation earned for services as a director, and the number of deferred stock units received was calculated based on the closing share price on the last day of the quarter. The deferred stock units or cash equivalent will be issued to the reporting person upon completion of service as a member of the board of directors or, if earlier, a change in control.
Key Figures
Key Terms
Restricted Stock Units financial
deferred stock units financial
change in control financial
board of directors financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Amesite (AMST) report for J. Michael Losh?
How many restricted stock units did the Amesite (AMST) director’s trust receive?
What does each Amesite (AMST) restricted stock unit represent in this Form 4?
When will the Amesite (AMST) deferred stock units be settled for the director’s trust?
Was this Amesite (AMST) Form 4 transaction an open-market purchase or sale?
How is ownership of the Amesite (AMST) units structured for J. Michael Losh?
AI-generated analysis. How Rhea-AI works. Not financial advice.