Mission Produce director awarded 8,240 RSUs
Sims Michael B reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Sims Michael B reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce, Inc. director Michael B. Sims received an equity grant in the form of restricted stock units. He was awarded 8,240 RSUs of common stock at no cash purchase price, increasing his directly held equity-related position to 18,208 shares/units after the transaction.
Each RSU represents a contingent right to receive one share of common stock. The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next Annual Meeting following the grant date, provided he continues to serve through the vesting date. This is a routine, compensation-related award rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 8,240 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units (RSUs) granted pursuant to the Non-Employee Director Compensation Program. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the applicable grant date and (ii) the date of the next Annual Meeting following the grant date, subject to the Reporting Person's continued service through the vesting date.
Key Figures
Key Terms
restricted stock units (RSUs) financial
Non-Employee Director Compensation Program financial
Annual Meeting financial
FAQ
What insider transaction did Mission Produce (AVO) report for Michael B. Sims?
What are the vesting terms for Michael B. Sims’ new RSUs at Mission Produce (AVO)?
Is Michael B. Sims’ Mission Produce (AVO) Form 4 transaction an open-market buy or sell?
What does each restricted stock unit (RSU) granted to Michael B. Sims at Mission Produce (AVO) represent?
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