CFO Linda LaGorga (ENTG) exercises options and sells Entegris shares
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
| 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 |
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?
What stock option activity did Entegris (ENTG) CFO Linda LaGorga report?
What equity awards did the Entegris (ENTG) CFO receive in this Form 4?