Bio-Rad (NYSE: BIO) director exercises 407 RSUs and gains 369 new units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bio-Rad Laboratories director Jeffrey L. Edwards exercised restricted stock units into Bio-Rad Class A common shares and received a new equity award. He acquired 407 shares of Bio-Rad A Common Stock upon vesting of restricted stock units, bringing his direct holdings to 715 shares.
At the same time, 407 Restricted Stock Units were fully converted, leaving no remaining units from that grant. Edwards was also granted 369 new Restricted Stock Units, each representing a contingent right to receive one share of Bio-Rad Class A common stock, vesting 100% on the earlier of the first anniversary of the grant date or the company’s next annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
407 shares exercised/converted
Mixed
3 txns
Insider
EDWARDS JEFFREY L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 369 | $0.00 | -- |
| Exercise | Restricted Stock Units | 407 | $0.00 | -- |
| Exercise | Bio-Rad A Common Stock | 407 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 369 shares (Direct, null);
Bio-Rad A Common Stock — 715 shares (Direct, null)
Footnotes (1)
- Shares of Class A common stock acquired on the vesting of restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock. The restricted stock units will vest 100% on the earlier of the first anniversary of the grant date or the date of the company's next annual meeting of stockholders.
Key Figures
RSUs exercised: 407 shares
Shares held after: 715 shares
New RSU grant: 369 units
+1 more
4 metrics
RSUs exercised
407 shares
Restricted Stock Units converted into Bio-Rad A Common Stock
Shares held after
715 shares
Bio-Rad A Common Stock held directly after transactions
New RSU grant
369 units
New Restricted Stock Units awarded to director
RSU-to-share ratio
1:1
Each RSU represents one share of Class A common stock
Key Terms
Restricted Stock Units, vest 100%, contingent right
3 terms
Restricted Stock Units financial
"The restricted stock units will vest 100% on the earlier of the first anniversary of the grant date or the date of the company's 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.
vest 100% financial
"The restricted stock units will vest 100% on the earlier of the first anniversary of the grant date or the date of the company's next annual meeting of stockholders."
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock."
FAQ
What insider equity transactions did BIO director Jeffrey L. Edwards report?
Jeffrey L. Edwards reported the vesting and exercise of 407 restricted stock units into Bio-Rad Class A common shares and the grant of 369 new restricted stock units. These are compensation-related equity movements, not open-market stock purchases or sales.
How many restricted stock units were exercised and granted in this Bio-Rad (BIO) filing?
Edwards exercised 407 Restricted Stock Units into an equal number of Bio-Rad Class A common shares, reducing that RSU position to zero. He also received a new grant of 369 Restricted Stock Units as an additional equity award linked to future vesting.
What does each restricted stock unit represent for Bio-Rad (BIO) director Jeffrey L. Edwards?
Each restricted stock unit represents a contingent right to receive one share of Bio-Rad Class A common stock. This means the units convert into actual shares only upon satisfying vesting conditions outlined in the award terms.
When will Jeffrey L. Edwards’ new Bio-Rad (BIO) restricted stock units vest?
The new restricted stock units will vest 100% on the earlier of the first anniversary of the grant date or the date of Bio-Rad’s next annual meeting of stockholders. Full vesting must occur on one of these specified milestones.