Datavault AI Inc. (DVLT) director granted 250,000-share stock award
Rhea-AI Filing Summary
Briskey Kimberly reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Kimberly Briskey received an award of 250,000 shares of common stock as compensation for serving on the board, under the company’s 2018 Long-Term Stock Incentive Plan. The grant was recorded at a price of $0.00 per share, reflecting a stock-based award rather than a market purchase.
The 250,000 shares are scheduled to vest in equal quarterly installments over one year, beginning on the first March 20, June 20, September 20 or December 20 after the grant date and then on each of those dates until fully vested, as long as Briskey continues in service. Following this grant, her directly held common stock position totals 576,872 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 250,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 250,000 shares (the "LTIP Shares") of common stock, par value $0.0001 per share, of the issuer were received as compensation for the reporting person's service as a member of the issuer's board of directors pursuant to the issuer's 2018 Long-Term Stock Incentive Plan (the "Grant"). The LTIP Shares associated with the Grant are scheduled to vest in equal quarterly installments over one year, beginning on the first to occur of March 20th, June 20th, September 20th or December 20th after the Grant Date and thereafter on each March 20th, June 20th, September 20th and December 20th until fully vested, so long as the reporting person remains in the service of the issuer on each such date.
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2018 Long-Term Stock Incentive Plan financial
par value financial
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board of directors financial
FAQ
What insider transaction did Datavault AI (DVLT) report for Kimberly Briskey?
Is the Datavault AI (DVLT) Form 4/A transaction a purchase or a grant?
What is Kimberly Briskey’s total Datavault AI (DVLT) holding after the grant?
What type of security is involved in the Datavault AI (DVLT) Form 4/A?
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