Director at Amesite (AMST) receives 6,522 deferred stock units
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 6,522 restricted stock units. These RSUs were issued as deferred stock units in lieu of cash compensation for his board service, with the number of units based on Amesite’s closing share price on the last day of the quarter.
Each RSU represents a contingent right to receive one share of Amesite common stock or its cash equivalent. The deferred stock units or cash equivalent will be delivered after Parmer’s board service ends or upon an earlier change in control. Following this award, he holds 67,887 shares or share-equivalent units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,522 | $0.00 | -- |
Footnotes (1)
- 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. 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
FAQ
What insider transaction did Amesite (AMST) report for director George Parmer?
What do the restricted stock units granted to Amesite (AMST) director George Parmer represent?
How was the number of Amesite (AMST) deferred stock units for George Parmer calculated?