Camden National EVP granted 1,281 restricted shares
Rose Patricia A reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Rose Patricia A reported acquisition or exercise transactions in this Form 4 filing.
Camden National Corp EVP Patricia A. Rose received a grant of 1,281 shares of common stock valued at $50.67 per share. The award is in the form of restricted stock under the company’s 2022 Equity and Incentive Plan and its amendment.
The restricted shares are scheduled to vest pro-rata over the next three years, conditioned on continued employment through each vesting date. After this grant, Rose directly holds a total of 28,923.593 common shares, including 5,098 restricted stock units and restricted shares that remain subject to vesting and forfeiture terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,281 | $50.67 | $65K |
Footnotes (2)
- F1. Represents a grant of restricted stock awards under the issuer's 2022 Equity and Incentive Plan and Amendment that are scheduled to vest pro-rata over the next three years, subject to continued employment through the vesting date. Each restricted stock award represents the right to receive one share of common stock at vesting.
- F2. Includes 5,098 restricted stock units and restricted shares that are subject to vesting and forfeiture restrictions.
Key Figures
Key Terms
restricted stock awards financial
2022 Equity and Incentive Plan financial
vest pro-rata financial
restricted stock units financial
forfeiture restrictions financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Camden National Corp (CAC) report for Patricia A. Rose?
What are the vesting terms of the restricted stock granted to CAC executive Patricia A. Rose?
Is the Form 4 transaction for Camden National Corp EVP Patricia A. Rose a market purchase or a compensation award?
AI-generated analysis. How Rhea-AI works. Not financial advice.