Employers Holdings director granted dividend rights
Perez-Tenessa Alejandro reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Perez-Tenessa Alejandro reported acquisition or exercise transactions in this Form 4 filing.
Employers Holdings, Inc. director Alejandro Perez-Tenessa reported a compensation-related award of 58 Dividend Equivalent Rights (DERs) linked to previously granted restricted stock units. The award has a price of $0.00 per right and brings his total DER holdings to 351.
The footnote explains that these DERs accrue on vested RSUs for which delivery has been voluntarily deferred until six months after Perez-Tenessa leaves the board. Each DER is the economic equivalent of one share of Employers Holdings common stock and becomes exercisable proportionately with the related RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 58 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights ("DERs") accrued on vested restricted stock units ("RSUs") previously granted to the reporting person where the reporting person has voluntarily deferred delivery of such RSUs until six months following termination of service on the board of directors. The DERs become exercisable proportionately with the RSUs to which they relate. Each DER is the economic equivalent of one share of common stock of Employers Holdings, Inc.
FAQ
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What insider transaction did Employers Holdings (EIG) report for Alejandro Perez-Tenessa?
What are Dividend Equivalent Rights in the Employers Holdings (EIG) Form 4?
How many Dividend Equivalent Rights does Alejandro Perez-Tenessa hold after this Employers Holdings (EIG) grant?
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