Vita Coco director receives 1,530-share RSU grant
Vita Coco Company, Inc. director Eric Melloul received an equity grant of 1,530 shares of common stock in the form of restricted stock units (RSUs).
Rhea-AI Filing Summary
Vita Coco Company, Inc. director Eric Melloul received an equity grant of 1,530 shares of common stock in the form of restricted stock units (RSUs). The award was valued at $75.18 per share for reporting purposes and increased his direct holdings to 4,816 shares.
The RSUs were granted under the company’s 2021 Incentive Award Plan and will vest in full on the earlier of the day immediately preceding the next Annual Stockholders Meeting after the grant date or the first anniversary of the grant date, as long as he remains in continuous service. Each RSU converts into one share of common stock when it vests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,530 | $75.18 | $115K |
Footnotes (1)
- F1. Represents RSUs granted under the Company's 2021 Incentive Award Plan which vest in full the earlier of (i) the day immediately preceding the Annual Stockholders Meeting after the grant date or (ii) the first anniversary of the grant date provided the Reporting Person remains in continuous service on the applicable vesting date. Each RSU represents the right to receive one share of common stock of the Issuer.
Key Figures
Key Terms
RSUs financial
2021 Incentive Award Plan financial
Annual Stockholders Meeting regulatory
continuous service financial
restricted stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Vita Coco (COCO) director Eric Melloul report in this Form 4?
Is the Form 4 for Vita Coco (COCO) a stock purchase or a grant?
What are the vesting terms of Eric Melloul’s Vita Coco (COCO) RSUs?
What does each RSU in Vita Coco (COCO) represent for Eric Melloul?
AI-generated analysis. How Rhea-AI works. Not financial advice.