Emergent BioSolutions grants RSUs and options to director
Emergent BioSolutions Inc. reported that director Richard Ronald received equity awards as part of his board compensation.
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Rhea-AI Filing Summary
Emergent BioSolutions Inc. reported that director Richard Ronald received equity awards as part of his board compensation. He was granted 25,344 restricted stock units, each representing one share of common stock upon vesting, for Board and Committee service.
He also received 11,296 stock options with an exercise price of $7.99 per share, expiring in 2033. Both the RSUs and options vest on the day prior to the one-year anniversary of the grant date, as long as he remains on the board. After these grants, he directly holds 123,761 common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 11,296 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 25,344 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents an annual grant of restricted stock units ("RSUs") granted under the Company's Stock Incentive plan, as amended and restated, for Board and Committee service. Each RSU represents a right to receive one share of Emergent BioSolutions Inc. (the "Company") common stock upon vesting. The shares underlying the RSUs will vest on the day prior to the one-year anniversary of the grant date ("Annual Grant Vesting Date"), subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date.
- F2. Consists of stock options granted under the Company's Stock Incentive Plan, as amended and restated, for Board and Committee service. The shares underlying the options will vest on the Annual Grant Vesting Date, subject to the reporting person remaining a member of the Company's board of directors through the Annual Grant Vesting Date. Each stock option represents a right to purchase one share of the Company's common stock upon vesting at the exercise price.
- F3. The number of options granted was determined by multiplying 25% of the total non-employee director compensation value, and then dividing by the Black-Scholes value of a single option calculated as of the date of the grant.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Stock Option (Right to Buy) financial
Stock Incentive Plan financial
Annual Grant Vesting Date financial
Black-Scholes value financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did director Richard Ronald receive from Emergent BioSolutions (EBS)?
How many Emergent BioSolutions (EBS) RSUs were granted in this Form 4 filing?
What are the terms of the stock options granted to the EBS director?
When do the new Emergent BioSolutions (EBS) RSUs and options vest?
How was the size of the Emergent BioSolutions (EBS) option grant determined?
AI-generated analysis. How Rhea-AI works. Not financial advice.