Amesite director granted 9,023 deferred stock units
Parmer George reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Parmer George reported acquisition or exercise transactions in this Form 4 filing.
Amesite Inc. director George Parmer received a grant of 9,023 restricted stock units as compensation. These RSUs were issued as deferred stock units in lieu of cash fees earned for serving as a director, with the number based on the closing share price on the last day of the quarter.
Each unit represents a right to receive one share of Amesite common stock or the cash equivalent. The deferred stock units or cash equivalent will be delivered after Parmer completes service on the board or upon an earlier change in control. Following this award, his directly held equity position reported in this filing totals 76,910 shares or share-equivalent units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 9,023 | $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
cash equivalent financial
FAQ
What insider transaction did Amesite Inc. (AMST) report for George Parmer?
Was the Amesite (AMST) Form 4 transaction a stock purchase or sale?
What do the Amesite (AMST) restricted stock units granted to George Parmer represent?
How was the number of Amesite (AMST) deferred stock units for George Parmer determined?
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