3D Systems (NYSE: DDD) EVP receives 85,000 restricted stock and PSU awards
Rhea-AI Filing Summary
Nordstrom Phyllis B reported acquisition or exercise transactions in this Form 4 filing.
3D Systems Corp executive Phyllis B. Nordstrom received significant equity awards in the form of both restricted stock and performance-based units. On April 1, 2025, she was granted 85,000 performance-based restricted stock units, each tied to one share of common stock, and 85,000 shares of restricted stock at no purchase price.
The restricted shares vest in three equal installments on April 1, 2026, April 1, 2027, and April 1, 2028, subject to continued employment. The performance share units vest only if the company’s common stock reaches a specified price per share. Following the common stock award, she directly owns 243,973 common shares. The filing notes it was inadvertently submitted late due to an administrative error.
Positive
- None.
Negative
- None.
FAQ
What equity awards did 3D Systems (DDD) grant to Phyllis B. Nordstrom?
How do the 3D Systems performance share units for DDD vest?
What is the vesting schedule for Phyllis Nordstrom’s restricted 3D Systems shares?
How many 3D Systems common shares does Phyllis Nordstrom hold after this Form 4/A?
Was the 3D Systems Form 4/A for Phyllis Nordstrom filed late?
What is Phyllis Nordstrom’s role at 3D Systems related to this DDD Form 4/A?