AvePoint (AVPT) director receives 16,493 restricted stock units award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SCHIJNS JANET reported acquisition or exercise transactions in this Form 4 filing.
AvePoint, Inc. director Janet Schijns reported an equity award of common stock in the form of restricted stock units. She was granted 16,493 RSUs at a reference price of $11.52 per share, each representing one share of common stock upon vesting.
According to the grant terms, 100% of the RSUs will vest on June 1, 2027, subject to her continued service with AvePoint through that date. After this award, Schijns holds a total of 106,294 shares of AvePoint common stock directly, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SCHIJNS JANET
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 16,493 | $11.52 | $190K |
Holdings After Transaction:
Common Stock — 106,294 shares (Direct, null)
Footnotes (1)
- This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan. Each RSU represents the contingent right to receive, upon vesting of the RSU, one share of the Issuer's common stock. 100% of the RSUs will vest on June 1, 2027, following the Reporting Person's continued service with the Issuer as of that vesting date.
Key Figures
RSUs granted: 16,493 shares
Grant reference price: $11.52/share
Total holdings after grant: 106,294 shares
+1 more
4 metrics
RSUs granted
16,493 shares
Restricted stock units granted to director Janet Schijns
Grant reference price
$11.52/share
Value per AvePoint common share for RSU grant
Total holdings after grant
106,294 shares
Direct AvePoint common stock holdings including RSUs
RSU vesting date
June 1, 2027
100% of RSUs vest subject to continued service
Key Terms
restricted stock units, RSU, 2021 Equity Incentive Plan, vesting
4 terms
restricted stock units financial
"This security represents the Issuer's common stock as well as restricted stock units (each, an "RSU") granted to the Reporting Person"
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.
RSU financial
"Each RSU represents the contingent right to receive, upon vesting of the RSU, one share"
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
2021 Equity Incentive Plan financial
"RSUs granted to the Reporting Person under the Issuer's 2021 Equity Incentive Plan"
vesting financial
"100% of the RSUs will vest on June 1, 2027, following the Reporting Person's continued service"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did AvePoint (AVPT) director Janet Schijns report?
Janet Schijns reported an equity award of 16,493 restricted stock units in AvePoint common stock. These RSUs are a compensation grant, not an open-market purchase, and each unit represents one share of common stock upon vesting under the company’s 2021 Equity Incentive Plan.
At what price were Janet Schijns’ new AvePoint RSUs valued?
The 16,493 restricted stock units granted to Janet Schijns were valued at $11.52 per share. This price serves as the reference value for the award and does not indicate an open-market trade, since the grant is part of AvePoint’s 2021 Equity Incentive Plan.
When will Janet Schijns’ AvePoint restricted stock units vest?
All of Janet Schijns’ 16,493 AvePoint restricted stock units will vest on June 1, 2027. Vesting is contingent on her continued service with AvePoint through that date, meaning she must remain in her role to receive the underlying common shares.
Is Janet Schijns’ AvePoint Form 4 transaction a stock purchase or compensation grant?
The AvePoint Form 4 for Janet Schijns reflects a compensation-related grant, not a stock purchase. She received 16,493 restricted stock units under the 2021 Equity Incentive Plan, classified as a grant or award acquisition rather than an open-market buy or sell transaction.