Dynatrace (NYSE: DT) awards 10,522 RSUs to board member Thota Chandrasekhar
Rhea-AI Filing Summary
Thota Chandrasekhar reported acquisition or exercise transactions in this Form 4 filing.
Dynatrace, Inc. director Thota Chandrasekhar received a grant of 10,522 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of Dynatrace common stock. The RSUs were awarded at a stated price of 0.0000 per unit, bringing his directly held RSU-based common share equivalent to 10,522.
The grant was made under Dynatrace’s 2019 Equity Incentive Plan, as amended, and the Amended and Restated Non-Employee Director Compensation Policy. According to the vesting schedule, 25% of the RSUs will vest on July 27, 2027, with the remaining units vesting in equal quarterly installments until fully vested on July 27, 2030, subject to his continued service as a director. The RSUs do not expire; they either vest or are cancelled prior to the vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 10,522 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each time-based restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs do not expire. They either vest or are cancelled prior to the vesting date.
- F2. Represents the grant of RSUs under the Issuer's 2019 Equity Incentive Plan, as amended, and the Amended and Restated Non-Employee Director Compensation Policy. 25% of these RSUs will vest on July 27, 2027, and the balance of the RSUs will vest in equal quarterly installments thereafter until fully vested on July 27, 2030, subject to the Reporting Person's continued service as a director on the applicable vesting dates.
Key Figures
Key Terms
Restricted Stock Units financial
2019 Equity Incentive Plan financial
Amended and Restated Non-Employee Director Compensation Policy financial
vesting financial
AI-generated analysis. How Rhea-AI works. Not financial advice.