DoorDash (NYSE: DASH) director receives 1,986 RSUs in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Blackburn Jeffrey M reported acquisition or exercise transactions in this Form 4 filing.
DoorDash, Inc. director Jeffrey M. Blackburn received an equity grant of 1,986 shares of Class A Common Stock, represented by restricted stock units (RSUs) at no cash cost per share. These RSUs will vest on the earlier of the one-year anniversary of the grant date or the day before DoorDash's next annual meeting of shareholders, as long as he continues as a service provider through the vesting date.
Following this award, Blackburn holds a total of 8,102 shares of DoorDash Class A Common Stock, including securities represented by RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blackburn Jeffrey M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,986 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 8,102 shares (Direct, null)
Footnotes (1)
- Each share is represented by a restricted stock unit ("RSU"). The RSUs will vest on the earlier of (i) the one year anniversary of the grant date, or (ii) the day prior to the date of the Issuer's next annual meeting of shareholders, in each case subject to the Reporting Person continuing to be a service provider through the applicable vesting date. Certain of these securities are represented by RSUs.
Key Figures
RSU grant size: 1,986 shares
Price per share: $0.0000 per share
Total holdings after grant: 8,102 shares
3 metrics
RSU grant size
1,986 shares
Restricted stock units representing Class A Common Stock
Price per share
$0.0000 per share
Reported grant price for RSU award
Total holdings after grant
8,102 shares
Class A Common Stock following RSU award
Key Terms
restricted stock unit ("RSU"), vest, annual meeting of shareholders, service provider
4 terms
restricted stock unit ("RSU") financial
"Each share is represented by a restricted stock unit ("RSU")."
vest financial
"The RSUs will vest on the earlier of (i) the one year anniversary..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
service provider financial
"subject to the Reporting Person continuing to be a service provider through the applicable vesting date."