60,000 RSU award lifts Cerus (CERS) director holdings to 192,386
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Shan Hua reported acquisition or exercise transactions in this Form 4 filing.
Cerus Corp director Shan Hua received a grant of 60,000 restricted stock units (RSUs) of common stock under the company’s 2024 Equity Incentive Plan. Each RSU represents one share of common stock. The RSUs vest on the earlier of the first anniversary of the grant date or the day before the next annual stockholder meeting, assuming continuous service. Following this award, Shan Hua holds 192,386 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Shan Hua
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 192,386 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 60,000 units
Shares after transaction: 192,386 shares
RSU vesting trigger: First anniversary or pre-annual meeting
3 metrics
RSUs granted
60,000 units
Restricted stock units granted to director Shan Hua
Shares after transaction
192,386 shares
Total common shares held by Shan Hua following grant
RSU vesting trigger
First anniversary or pre-annual meeting
Earlier of first grant anniversary or day before next annual meeting
Key Terms
RSUs, 2024 Equity Incentive Plan, vesting date, continuous service
4 terms
RSUs financial
"Represents RSUs granted pursuant to the Issuer's 2024 Equity Incentive Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2024 Equity Incentive Plan financial
"RSUs granted pursuant to the Issuer's 2024 Equity Incentive Plan."
vesting date financial
"subject to the Reporting Person's continuous service to the Issuer through such vesting date."
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer through such vesting date."
FAQ
What insider transaction did Cerus (CERS) report for director Shan Hua?
Cerus reported that director Shan Hua received 60,000 RSUs of common stock as a grant under the 2024 Equity Incentive Plan. Each RSU equals one share, subject to vesting conditions tied to time and continued service.
What are the vesting terms for Shan Hua’s 60,000 Cerus (CERS) RSUs?
The 60,000 RSUs vest on the earlier of two dates: the first anniversary of the grant date or the day before Cerus’s next annual stockholder meeting, provided Shan Hua continues to serve the company through that vesting date.
What does each RSU represent in Cerus (CERS) director Shan Hua’s grant?
Each RSU in this grant represents a contingent right to one share of Cerus common stock. The shares are delivered only if the vesting conditions are satisfied, aligning the director’s compensation with long-term shareholder value.
Under which plan were the 60,000 RSUs granted to Cerus (CERS) director Shan Hua?
The 60,000 RSUs were granted under Cerus’s 2024 Equity Incentive Plan. This plan is designed to provide equity-based awards, such as RSUs, to directors and other service providers as part of their compensation.