3D Systems EVP granted 200,000 share-based awards
Puthenveetil Reji reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Puthenveetil Reji reported acquisition or exercise transactions in this Form 4 filing.
3D Systems Corporation executive Reji Puthenveetil reported stock-based compensation awards. On April 1, 2025, he received 100,000 performance-based restricted stock units and 100,000 shares of restricted common stock at no cash cost.
The restricted stock vests in three equal installments on April 1, 2026, April 1, 2027, and April 1, 2028, subject to continued employment. Each performance share unit represents a contingent right to receive one share of common stock and vests only if the stock reaches a specified price per share. Following the common stock grant, he directly holds 459,081 common shares. The filing notes it was inadvertently submitted late due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Based Restricted Stock Units | 100,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 100,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Inadvertently filed late due to administrative error.
- F2. The Reporting Person has been awarded 100,000 shares of restricted stock under the Issuer's 2015 Incentive Plan. One-third of the total shares awarded vest on April 1, 2026, an additional one-third of the total shares awarded vest on April 1, 2027, and the remaining shares awarded vest on April 1, 2028, subject to continued employment.
- F3. Each performance share unit represents a contingent right to receive one share of the Issuer's common stock. The performance share units vest upon the Issuer's common stock achieving a specified price per share.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did 3D Systems (DDD) EVP Reji Puthenveetil receive in this Form 4/A?
What conditions apply to the 3D Systems (DDD) performance-based RSUs granted to Reji Puthenveetil?
Was the 3D Systems (DDD) Form 4/A for Reji Puthenveetil filed on time?
Does Reji Puthenveetil’s 3D Systems (DDD) Form 4/A show any stock sales?
AI-generated analysis. How Rhea-AI works. Not financial advice.