Danaher director receives stock and option awards
Danaher Corporation director Feroz Dewan reported equity awards received as part of his board compensation.
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Rhea-AI Filing Summary
Danaher Corporation director Feroz Dewan reported equity awards received as part of his board compensation. He acquired 680 shares of common stock at no cost, bringing his direct holdings to 4,685.606 shares.
He was also granted a director stock option for 1,699 shares of common stock at an exercise price of $161.91 per share, expiring in 2036. According to the award terms, these restricted stock units vest on the earlier of one year after the grant date or immediately before the next annual shareholder meeting, but the underlying shares are not issued until the earlier of the director’s death or a set period after retirement from the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Director stock option (right to buy) | 1,699 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 680 | $0.00 | $0.00 |
Footnotes (1)
- F1. On the date indicated, Danaher Corporation granted the reporting person restricted stock units (RSUs) in the amount indicated. Since the RSUs are payable solely in common stock, they are being reported in Table I of this Form 4. The RSUs vest on the earlier of the first anniversary of the grant date, or the date of (and immediately prior to) the next annual meeting of Danaher's shareholders following the grant date, but the underlying shares are not issued until the earlier of the director's death or the first day of the seventh month following the director's retirement from the Board.
Key Figures
Key Terms
restricted stock units (RSUs) financial
director stock option financial
grant date financial
vest financial
FAQ
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What did Danaher (DHR) director Feroz Dewan report in this Form 4?
What are the terms of Feroz Dewan’s Danaher director stock option?
How do the Danaher (DHR) RSUs granted to Feroz Dewan vest and settle?
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