Bausch & Lomb SVP granted 18,253 share units
Munsch Frederick reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Munsch Frederick reported acquisition or exercise transactions in this Form 4 filing.
Bausch & Lomb Corporation Senior Vice President, Controller and Chief Accounting Officer Frederick Munsch received an equity award of 18,253 common shares in the form of restricted share units. The grant was made at no cash cost to him as part of the company’s 2022 Omnibus Incentive Plan.
The RSUs are scheduled to vest in three equal installments on each of the first three anniversaries of the grant date, subject to his continued service and the plan and award agreement terms. After this award, he beneficially owns 108,484 common shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 18,253 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects the grant of restricted share units ("RSUs") under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan (as amended and restated, the "Plan") which are scheduled to vest one-third on each of the first three anniversaries of the date of grant, subject generally to the reporting person's continued service and the terms of the Plan and the applicable award agreement thereunder. Vested RSUs are settled in common shares, no par value, of Bausch + Lomb Corporation.
FAQ
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What insider transaction did Bausch & Lomb (BLCO) report for Frederick Munsch?
What type of securities did Frederick Munsch acquire in this BLCO Form 4?
How do the Bausch & Lomb RSUs granted to Frederick Munsch vest over time?
Did Frederick Munsch pay cash for the 18,253 Bausch & Lomb RSUs reported?
Under which plan were the Bausch & Lomb RSUs granted to Frederick Munsch?
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