Cerus (CERS) CFO receives 200,000-share RSU grant, lifts holdings to 1.24M
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Green Kevin Dennis reported acquisition or exercise transactions in this Form 4 filing.
CERUS CORP Chief Financial Officer Kevin Dennis Green received an equity grant of 200,000 shares of common stock. The award was made at a stated price of $0.00 per share as a stock-based compensation grant, not a market purchase or sale.
The grant was issued in the form of restricted stock units, each representing a contingent right to one share of Cerus common stock. These RSUs vest in full one year from the grant date, provided he continues serving the company through that vesting date. Following this grant, he directly holds 1,240,551 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
1 transaction reported
Mixed
1 txn
Insider
Green Kevin Dennis
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 200,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,240,551 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 200,000 shares
Grant price: $0.00 per share
Post-grant holdings: 1,240,551 shares
3 metrics
RSU grant size
200,000 shares
Restricted stock unit award of common stock
Grant price
$0.00 per share
Stated price for compensation grant, not market purchase
Post-grant holdings
1,240,551 shares
Common stock directly owned after the transaction
Key Terms
Restricted Stock Units, contingent right, continuous service, Grant, award, or other acquisition
4 terms
Restricted Stock Units financial
"Granted in the form of a RSUs representing a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"RSUs representing a contingent right to receive one share of common stock"
continuous service financial
"subject to the Reporting Person's continuous service to the Issuer through such vesting date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"