Bausch & Lomb CFO granted 81,775 RSUs
Bausch & Lomb Corp reported that EVP and CFO Sam Eldessouky acquired 81,775 common shares through a grant of restricted share units (RSUs) at a price of $0.00 per share.
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Rhea-AI Filing Summary
Bausch & Lomb Corp reported that EVP and CFO Sam Eldessouky acquired 81,775 common shares through a grant of restricted share units (RSUs) at a price of $0.00 per share. After this award, he directly holds 473,169 common shares.
The RSUs were granted under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan. They are scheduled to vest in three equal installments on each of the first three anniversaries of the grant date, generally requiring his continued service. Once vested, the RSUs will be settled in common shares of Bausch & Lomb Corporation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 81,775 | $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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Bausch & Lomb (BLCO) disclose about CFO Sam Eldessouky’s latest equity grant?
What are the vesting terms of the 81,775 RSUs reported in BLCO’s Form 4?
Were any cash purchases or open-market sales involved in this BLCO Form 4 filing?
How will the newly granted BLCO RSUs be settled when they vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.