National Vision SVP reports equity vesting, tax withholding
National Vision Holdings SVP and Chief People Officer Bill Clark reported equity award vesting and related share withholding.
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Rhea-AI Filing Summary
National Vision Holdings SVP and Chief People Officer Bill Clark reported equity award vesting and related share withholding. Restricted stock units converted into 6,350 shares of common stock on a one-for-one basis, and performance stock units vested into additional common shares granted on March 3, 2023.
To cover tax liabilities upon these vestings, 2,069 and 7,502 common shares were withheld at a price of $26.63 per share, described as payment of tax liability by delivering securities. Following these transactions, Clark continued to hold directly reported shares of common stock and restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,350 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,350 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,069 | $26.63 | $55K |
| Exercise | Common Stock | 25,394 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 7,502 | $26.63 | $200K |
Footnotes (5)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units.
- F3. Reflects issuance of shares upon vesting of performance stock units granted to the reporting person on March 3, 2023.
- F4. Reflects payment of tax liability by withholding securities incident to vesting of performance stock units.
- F5. On March 3, 2023, the reporting person was granted 19,050 restricted stock units, vesting in three equal installments beginning on the first anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did National Vision (EYE) report for Bill Clark?
Were Bill Clark’s National Vision (EYE) transactions open market buys or sells?
What do the restricted stock units mean in the National Vision (EYE) filing?
How were performance stock units treated in the National Vision (EYE) Form 4?
What is the significance of the $26.63 price in National Vision (EYE) insider transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.