AEVEX director granted 8,250 RSUs
NORTON MATTHEW W reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
NORTON MATTHEW W reported acquisition or exercise transactions in this Form 4 filing.
AEVEX Corp. reported that director Matthew W. Norton received a grant of 8,250 restricted stock units (RSUs) tied to Class A common stock at a stated price of $0.00 per share. These RSUs vest on the earlier of the first anniversary of the grant date or the day immediately prior to AEVEX’s next annual meeting of stockholders. Under an agreement with Madison Dearborn Partners, LLC (MDP), Norton must transfer any shares or proceeds from these RSUs to or as directed by MDP, so he holds them solely for MDP’s benefit and disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 8,250 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") which vest on the earlier of the first anniversary of the grant date and the day immediately prior to the date of the next annual meeting of stockholders of the issuer.
- F2. Pursuant to an agreement with Madison Dearborn Partners, LLC ("MDP"), Mr. Norton is obligated to transfer the shares of Class A common stock received upon vesting of the RSUs, or the proceeds thereof, to or as directed by MDP. Accordingly, Mr. Norton holds the reported RSUs solely for the benefit of MDP, and disclaims beneficial ownership of such RSUs and any shares of Class A common stock deliverable upon settlement thereof.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
beneficial ownership financial
annual meeting of stockholders financial
Madison Dearborn Partners, LLC financial
FAQ
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What insider transaction did AEVEX Corp. (AVEX) report for Matthew W. Norton?
How do the 8,250 AEVEX (AVEX) RSUs granted to Matthew W. Norton vest?
Does Matthew W. Norton personally benefit from the AEVEX (AVEX) RSU grant?
What is Madison Dearborn Partners’ role in the AEVEX (AVEX) RSU award?
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