Atara Biotherapeutics (ATRA) director granted 12,000 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HEIDEN WILLIAM K reported acquisition or exercise transactions in this Form 4 filing.
Atara Biotherapeutics director William K. Heiden received a grant of 12,000 shares of Common Stock in the form of restricted stock units as compensation. The award was recorded at a price of $0.00 per share and is not an open-market purchase.
These restricted stock units will vest on the earlier of June 9, 2027 or the date of the next annual meeting of stockholders, provided he maintains continuous service. Following this grant, Heiden directly holds 34,188 shares of Atara Biotherapeutics common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
HEIDEN WILLIAM K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 34,188 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 12,000 shares
Grant price: $0.00 per share
Shares after transaction: 34,188 shares
+1 more
4 metrics
RSU grant size
12,000 shares
Restricted stock units of Common Stock granted to director
Grant price
$0.00 per share
Recorded price for the RSU award
Shares after transaction
34,188 shares
Total Common Stock held directly after grant
RSU vesting date
June 9, 2027
Latest possible vesting date, or earlier at next annual meeting
Key Terms
restricted stock units, continuous service, grant, award, or other acquisition
3 terms
restricted stock units financial
"These restricted stock units shall vest on the earlier of June 9, 2027 or the date of the next annual meeting of stockholders"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
continuous service financial
"subject to the Reporting Person's continuous service"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Atara Biotherapeutics (ATRA) report for William K. Heiden?
Atara Biotherapeutics reported that director William K. Heiden received a grant of 12,000 restricted stock units of Common Stock. The grant is a compensation award rather than an open-market purchase and was recorded at a price of $0.00 per share.
When do William K. Heiden’s new Atara Biotherapeutics (ATRA) restricted stock units vest?
The 12,000 restricted stock units granted to William K. Heiden vest on the earlier of June 9, 2027 or the date of Atara Biotherapeutics’ next annual meeting of stockholders, provided he maintains continuous service with the company.
Was William K. Heiden’s Atara Biotherapeutics (ATRA) Form 4 transaction an open-market buy or sell?
The Form 4 shows a grant or award acquisition, not an open-market buy or sell. The 12,000 shares were received as restricted stock units at a stated price of $0.00 per share, consistent with an equity compensation award.
What conditions apply to William K. Heiden’s new Atara Biotherapeutics (ATRA) restricted stock units?
The restricted stock units granted to William K. Heiden will vest only if he maintains continuous service with Atara Biotherapeutics until the earlier of June 9, 2027 or the date of the company’s next annual meeting of stockholders.