Definitive Healthcare (DH) CEO granted 1.7M RSUs in new equity award
Rhea-AI Filing Summary
Coop Kevin reported acquisition or exercise transactions in this Form 4 filing.
Definitive Healthcare Corp. reported that Chief Executive Officer Kevin Coop received an equity award linked to 1,735,437 shares of Class A Common Stock in the form of restricted stock units. These RSUs vest 25% on March 1, 2027, then 6.25% every three months over the next three years, contingent on his continued service. Following this grant, Coop is reported as beneficially owning 5,291,989 shares of Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,735,437 shares
Net Buy
1 txn
Insider
Coop Kevin
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,735,437 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 5,291,989 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs"), each representing a contingent right to receive one share of the Issuer's Class A Common Stock, par value $0.001, with 25% of the RSUs vesting on March 1, 2027, followed by vesting of 6.25% every three months thereafter over the subsequent three years, subject to the Reporting Person's continued service with the Issuer through each such vesting date.
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FAQ
What did Definitive Healthcare (DH) CEO Kevin Coop receive in this Form 4?
Kevin Coop received a grant of restricted stock units representing 1,735,437 shares of Class A Common Stock. These RSUs are a form of equity compensation that entitle him to receive shares as they vest over time, subject to continued service.
How do Kevin Coop’s new RSUs at Definitive Healthcare (DH) vest?
The RSUs vest 25% on March 1, 2027, then 6.25% every three months for three additional years. Vesting occurs only if Kevin Coop continues his service with Definitive Healthcare through each scheduled vesting date, aligning his incentives with longer-term company performance.
Does this Form 4 for Definitive Healthcare (DH) show a stock purchase or sale?
No open-market purchase or sale is reported. The Form 4 shows an equity award coded as a grant or other acquisition, with a price per share of $0.00, reflecting compensation rather than a traditional buy or sell transaction in the market.
What type of security is involved in Kevin Coop’s Definitive Healthcare (DH) Form 4?
The filing involves Class A Common Stock delivered through restricted stock units. Each RSU represents a contingent right to receive one share of Class A Common Stock, par value $0.001, upon satisfying the specified vesting and continued service conditions.