Entegris (ENTG) SVP receives 7,371 RSUs with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rice Susan G. reported acquisition or exercise transactions in this Form 4 filing.
ENTEGRIS INC senior vice president of global human resources Susan G. Rice received a grant of 7,371 restricted stock units as equity compensation. Each RSU represents the right to receive one share of common stock, awarded under the Entegris, Inc. 2020 Stock Plan.
According to the vesting schedule, 25% of the RSUs vest on April 5, 2027, with the remaining 75% vesting in equal quarterly installments over the following three years, encouraging long-term retention. After this award, Rice directly holds 77,393.004 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rice Susan G.
Role
SVP, Global Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,371 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 77,393.004 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. The RSUs vest as follows: 25% of the RSUs vest on April 5, 2027, and the remaining 75% of the RSUs vest in equal quarterly installments over the three year period thereafter. Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services as an employee.
Key Figures
RSU grant size: 7,371 units
Initial vesting: 25% of RSUs
Remaining vesting: 75% of RSUs
+2 more
5 metrics
RSU grant size
7,371 units
Restricted stock units awarded to SVP, Global Human Resources
Initial vesting
25% of RSUs
Vest on April 5, 2027
Remaining vesting
75% of RSUs
Vest in equal quarterly installments over three years thereafter
Holdings after grant
77,393.004 shares
Total common stock directly held after transaction
Grant price
$0.0000 per share
Indicates compensation grant, not open-market purchase
Key Terms
restricted stock unit ("RSU"), contingent right, vest, 2020 Stock Plan
4 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"represents a contingent right to receive one share of common stock"
vest financial
"25% of the RSUs vest on April 5, 2027, and the remaining 75% of the RSUs vest"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
2020 Stock Plan financial
"Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration"
FAQ
What did Entegris (ENTG) disclose about Susan G. Rice in this Form 4?
Entegris reported that SVP of Global Human Resources Susan G. Rice received 7,371 restricted stock units as an equity grant. The award was made under the Entegris, Inc. 2020 Stock Plan as part of her compensation for services as an employee.
How many Entegris (ENTG) RSUs did Susan G. Rice receive?
Susan G. Rice received 7,371 restricted stock units, each representing a contingent right to one share of Entegris common stock. The units were granted at no stated purchase price as part of her employee compensation package under the company’s 2020 Stock Plan.
What is the vesting schedule for Susan G. Rice’s Entegris (ENTG) RSUs?
The RSUs vest over several years. Twenty-five percent vest on April 5, 2027, and the remaining 75% vest in equal quarterly installments over the three-year period thereafter, tying most of the award to continued service with Entegris.
What plan governs Susan G. Rice’s Entegris (ENTG) RSU award?
The RSU award was granted under the Entegris, Inc. 2020 Stock Plan. The filing states it was awarded in consideration of her services as an employee, indicating it is part of the company’s long-term equity compensation program for key personnel.