Camden National CEO granted 6,919 restricted shares
Camden National Corp CEO Simon Griffiths received an equity grant of 6,919 shares of Common Stock, awarded as restricted stock under the company’s 2022 Equity and Incentive Plan and its amendment.
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Rhea-AI Filing Summary
Camden National Corp CEO Simon Griffiths received an equity grant of 6,919 shares of Common Stock, awarded as restricted stock under the company’s 2022 Equity and Incentive Plan and its amendment. The award is priced at $50.67 per share for reporting purposes.
The restricted stock is scheduled to vest pro rata over the next three years, subject to Griffiths’ continued employment through each vesting date. Each restricted stock award converts into one share of common stock at vesting. After this grant, he directly holds 44,399 shares, including 31,098 restricted stock units and restricted shares that remain subject to vesting and forfeiture conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,919 | $50.67 | $351K |
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 31,098 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 and Amendment financial
restricted stock units financial
vesting and forfeiture restrictions financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity grant did Camden National (CAC) CEO Simon Griffiths receive?
Was the Camden National (CAC) CEO’s Form 4 transaction an open-market stock purchase?
What portion of Camden National (CAC) CEO holdings are still subject to vesting?
AI-generated analysis. How Rhea-AI works. Not financial advice.