[Form 4] Mission Produce, Inc. Insider Trading Activity
Pack Jay A reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pack Jay A reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce director Jay A. Pack received a grant of 8,240 restricted stock units (RSUs) of common stock as non-cash compensation. These RSUs were awarded under the Non-Employee Director Compensation Program and each RSU represents 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, subject to Mr. Pack’s continued board service. He has elected to defer distribution until separation of service, at which time shares will be delivered in a lump sum. Following this grant, he directly holds 403,965 common shares, with additional indirect holdings through PFP Investments, Ltd. and two 2018 GRATs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 8,240 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (2)
- 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. The reporting person has elected to defer the distribution of these RSUs to separation of service, with distributions to be made in one lump sum.
- F2. Power to vote and dispose of the shares held by PFP Investments, Ltd. is shared with the reporting person's spouse.
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