Dare Bioscience grants 26,066 RSUs to director
Grossman Jessica D. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Grossman Jessica D. reported acquisition or exercise transactions in this Form 4 filing.
Dare Bioscience director Jessica D. Grossman received an equity grant instead of cash fees for her board service. She was awarded 26,066 shares of common stock in the form of restricted stock units at a stated price of $0.00 per share.
Each restricted stock unit represents a right to receive one Dare Bioscience share when it vests. All 26,066 units vest on January 4, 2027, and this grant brings her directly held position from this award to 26,066 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common stock | 26,066 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares underlying restricted stock units ("RSU") granted to the reporting person in lieu of cash compensation for service on the issuer's board of directors and its committees. Each RSU represents a contingent right to receive one share when vested. The RSUs vests on January 4, 2027.
Key Figures
Key Terms
restricted stock units ("RSU") financial
contingent right financial
vests financial
FAQ
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What did Dare Bioscience (DARE) director Jessica Grossman receive in this Form 4?
What is the vesting schedule for Jessica Grossman’s Dare Bioscience (DARE) RSUs?
Why did Dare Bioscience (DARE) grant RSUs instead of cash to Jessica Grossman?
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