ARKO Petroleum director granted 7,559 RSUs
ARKO Petroleum Corp. director Avram Z. Friedman reported an equity award on Form 4.
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Rhea-AI Filing Summary
ARKO Petroleum Corp. director Avram Z. Friedman reported an equity award on Form 4. He acquired 7,559 shares of Class A common stock through a grant of restricted stock units, bringing his direct holdings to 27,559 shares. The RSUs are immediately vested and convert into one share each upon either termination of his service with the company or a change in control.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A, Common Stock, par value $0.0001 per share | 7,559 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units ("RSUs"), each providing for the right to receive one share of Class A common stock, $0.0001 par value per share ("common stock"), of ARKO Petroleum Corp. (the "Company") on a one-for-one basis. The RSUs are immediately vested and provide for the right to receive one share of common stock upon the earlier of (i) the date on which the reporting person's service with the Company is terminated (for whatever reason) and (ii) the date of a change in control of the Company.
Key Figures
Key Terms
restricted stock units financial
change in control financial
Class A, Common Stock financial
FAQ
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What did ARKO Petroleum (APC) director Avram Z. Friedman report on this Form 4?
How do the ARKO Petroleum (APC) RSUs granted to Avram Z. Friedman vest and settle?
What triggers payment of the ARKO Petroleum (APC) RSUs reported by Avram Z. Friedman?
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