Bausch & Lomb Corp (BLCO) executive receives 30,373-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bausch & Lomb Corp reported that President, Surgical, Luc Bonnefoy acquired 30,373 common shares through a grant of restricted share units (RSUs) at no cost per share. These RSUs vest one-third on each of the first three anniversaries of the grant date. After this award, Bonnefoy holds 117,937 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bonnefoy Luc
Role
President, Surgical
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares, No Par Value | 30,373 | $0.00 | -- |
Holdings After Transaction:
Common Shares, No Par Value — 117,937 shares (Direct)
Footnotes (1)
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FAQ
What did BLCO executive Luc Bonnefoy report in this Form 4?
Luc Bonnefoy reported receiving a grant of 30,373 restricted share units (RSUs) of Bausch & Lomb Corp common shares at no cost, increasing his direct holdings to 117,937 shares following the award under the company’s 2022 Omnibus Incentive Plan.
What is the vesting schedule for Luc Bonnefoy’s BLCO RSU grant?
The 30,373 RSUs granted to Luc Bonnefoy vest in three equal installments. One-third vests on each of the first three anniversaries of the grant date, assuming he continues in service and complies with the 2022 Omnibus Incentive Plan and award agreement.
Under which plan were Luc Bonnefoy’s BLCO RSUs granted?
The RSUs were granted under the Bausch + Lomb Corporation 2022 Omnibus Incentive Plan, as amended and restated. This plan governs the vesting conditions and settlement of RSUs into common shares of Bausch & Lomb Corporation.