Astrotech grants 5,000 restricted shares to COO
Badugu Nihanth reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Badugu Nihanth reported acquisition or exercise transactions in this Form 4 filing.
Astrotech Corp reported that Chief Operating Officer Badugu Nihanth received a grant of 5,000 shares of restricted common stock under the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The award was recorded at 0.0000 per share and increases his directly held common stock to 5,000.0000 shares, subject to time-based vesting on anniversaries of August 13, 2026 until fully vested on August 13, 2028, contingent on continuous employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 5,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of restricted stock granted to the Reporting Person pursuant to the Astrotech Corporation 2021 Omnibus Equity Incentive Plan. The shares of restricted stock vest on each of the first three anniversaries of August 13, 2026, such that 100% of the shares of restricted stock granted shall be fully vested on August 13, 2028, subject to Reporting Person's continuous employment with the Issuer through each such applicable anniversary.
Key Figures
Key Terms
restricted stock financial
2021 Omnibus Equity Incentive Plan financial
continuous employment financial
FAQ
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What insider transaction did ASTC disclose for COO Badugu Nihanth?
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