Restricted stock grant to BioLife Solutions (BLFS) director Ellingson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ellingson Rachel reported acquisition or exercise transactions in this Form 4 filing.
BioLife Solutions Inc. director Rachel Ellingson reported receiving a grant of 8,170 shares of restricted common stock. The award was recorded at a price of $0.00 per share, reflecting a stock-based compensation grant rather than an open-market purchase.
These shares were granted under the BioLife Solutions 2023 Performance Incentive Plan and, according to the terms, fully vest on the first anniversary of the vesting date of January 2, 2026. Following this grant, Ellingson directly holds a total of 57,995 shares of BioLife Solutions common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ellingson Rachel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 8,170 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 57,995 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did BioLife Solutions (BLFS) report for Rachel Ellingson?
BioLife Solutions reported that director Rachel Ellingson received a grant of 8,170 shares of restricted common stock. The grant was recorded at $0.00 per share and represents stock-based compensation awarded under the company’s 2023 Performance Incentive Plan, not an open-market share purchase.
What are the vesting terms of the restricted stock granted to the BioLife Solutions (BLFS) director?
The restricted stock granted to director Rachel Ellingson fully vests on the first anniversary of the vesting date of January 2, 2026. This schedule, disclosed in the Form 4 footnote, means the grant becomes fully earned according to the company’s 2023 Performance Incentive Plan.
Was the BioLife Solutions (BLFS) restricted stock grant to Rachel Ellingson a market purchase?
No, the transaction was a grant of restricted common stock recorded at $0.00 per share. It represents stock-based compensation awarded under the BioLife Solutions 2023 Performance Incentive Plan, rather than an open-market buy or sell transaction executed at prevailing market prices.
What plan governed the restricted stock award reported for BioLife Solutions (BLFS)?
The restricted stock award to director Rachel Ellingson was granted under the BioLife Solutions 2023 Performance Incentive Plan. This plan provides for equity-based compensation, and the Form 4 notes that the shares fully vest on the first anniversary of the vesting date of January 2, 2026.