CFO Linda LaGorga (ENTG) exercises options and sells Entegris shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENTEGRIS INC SVP and Chief Financial Officer Linda LaGorga reported multiple equity transactions in company stock. She exercised an employee stock option for 11,438 shares at $91.63 per share and sold 11,438 shares of common stock at $135.00 per share in an open-market transaction.
She also acquired 8,840 shares of common stock as an award connected to settling performance share units for the 2023–2025 performance cycle, granted under the Entegris, Inc. 2020 Stock Plan in consideration of her employee services. In addition, 2,950 shares were automatically withheld to cover tax obligations upon settlement of performance share units. Following these transactions, she directly owned 33,810 shares of Entegris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,438 shares ($1,544,130)
Net Sell
5 txns
Insider
LaGorga Linda
Role
SVP, Chief Financial Officer
Sold
11,438 shs ($1.54M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (Right to Buy) | 11,438 | $0.00 | -- |
| Exercise | Common Stock | 11,438 | $91.63 | $1.05M |
| Sale | Common Stock | 11,438 | $135.00 | $1.54M |
| Grant/Award | Common Stock | 8,840 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,950 | $132.67 | $391K |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 11,438 shares (Direct);
Common Stock — 45,248 shares (Direct)
Footnotes (1)
- Awarded in connection with the settlement of performance share units for the 2023-2025 performance cycle. Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services as an employee. Shares automatically withheld upon settlement of performance share units to satisfy tax withholding obligations. On the Form 4 filed with the U.S. Securities and Exchange Commission by the Reporting Person on May 17, 2023, the exercise price for this option was incorrectly listed as $39.34. This option vests in four equal installments. The first two installments became exercisable on May 15, 2024 and May 15, 2025. The remaining installments will become exercisable on May 15, 2026 and May 15, 2027, respectively.
FAQ
What insider transactions did Entegris (ENTG) CFO Linda LaGorga report?
Linda LaGorga reported an option exercise, a share sale, and equity awards. She exercised options for 11,438 shares, sold 11,438 shares on the open market, received 8,840 shares as an award, and had 2,950 shares withheld for taxes, ending with 33,810 shares owned.
What stock option activity did Entegris (ENTG) CFO Linda LaGorga report?
She exercised an employee stock option for 11,438 shares. The option had an exercise price of $91.63 per share and vests in four equal installments, with two installments already exercisable and the remaining installments scheduled to vest on May 15, 2026 and May 15, 2027.
What equity awards did the Entegris (ENTG) CFO receive in this Form 4?
LaGorga received 8,840 common shares as an equity award. The award was granted under the Entegris, Inc. 2020 Stock Plan, in connection with settlement of performance share units for the 2023–2025 performance cycle, reflecting compensation for her services as an employee.