Cerus director granted 60,000 RSUs
Witney Frank reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Witney Frank reported acquisition or exercise transactions in this Form 4 filing.
CERUS CORP director Frank Witney reported an equity grant of 60,000 shares of Common Stock in the form of restricted stock units (RSUs). The RSUs were granted under Cerus’s 2024 Equity Incentive Plan, with each RSU representing a contingent right to receive 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 meeting of stockholders, as long as Witney remains in continuous service with Cerus through that vesting date. Following this grant, he directly holds 340,059 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents RSUs granted pursuant to the Issuer's 2024 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock of the Issuer. The RSUs vest on the earlier of the first anniversary of the date of grant or the day prior to the next annual meeting of stockholders, subject to the Reporting Person's continuous service to the Issuer through such vesting date.
Key Figures
Key Terms
RSUs financial
2024 Equity Incentive Plan financial
contingent right financial
continuous service financial
annual meeting of stockholders financial
FAQ
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