Datavault AI director granted 250,000 DVLT shares
Tobias Robert reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Tobias Robert reported acquisition or exercise transactions in this Form 4 filing.
Datavault AI Inc. director Tobias Robert reported receiving a grant of 250,000 shares of common stock as compensation for his service on the board under the company’s 2018 Long-Term Stock Incentive Plan. These shares vest in equal quarterly installments over one year, starting 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, provided he continues serving the company. Following this award, he holds 581,565 common shares directly.
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.
Key Figures
Key Terms
2018 Long-Term Stock Incentive Plan financial
board of directors financial
vest in equal quarterly installments financial
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What insider transaction did Datavault AI (DVLT) report for director Tobias Robert?
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