FiEE (FIEE) CEO awarded 143,561 restricted stock units in new grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chung Li Wai reported acquisition or exercise transactions in this Form 4 filing.
FiEE, Inc. Chief Executive Officer Chung Li Wai received an equity grant of 143,561 restricted stock units. Each unit represents a contingent right to receive one share of common stock. The award vests 30% on the first anniversary of the grant, 30% on the second, and 40% on the third, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chung Li Wai
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 143,561 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 143,561 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 143,561 units
Transaction price: $0.0000 per share
Post-transaction holdings: 143,561 shares/units
+3 more
6 metrics
RSU grant size
143,561 units
Restricted stock units granted to CEO
Transaction price
$0.0000 per share
Listed price for RSU grant
Post-transaction holdings
143,561 shares/units
Total shares following transaction for this line item
First-year vesting
30%
Vests on first anniversary of grant date
Second-year vesting
30%
Vests on second anniversary of grant date
Third-year vesting
40%
Vests on third anniversary of grant date
Key Terms
restricted stock units, contingent right, vesting date, grant date
4 terms
restricted stock units financial
"Represents an award of restricted stock units (collectively, the "RSUs""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each RSU represents a contingent right to receive one share"
vesting date financial
"subject to the Reporting Person's continued employment through each applicable vesting date"
grant date financial
"30% on the first anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
FAQ
What insider transaction did FiEE (FIEE) CEO Chung Li Wai report?
Chung Li Wai reported receiving 143,561 restricted stock units as an equity award. The Form 4 classifies this as a grant or other acquisition of common stock-linked units, rather than an open-market share purchase or sale, and reflects updated direct holdings after the grant.
How many FiEE (FIEE) restricted stock units were granted to the CEO?
The CEO was granted 143,561 restricted stock units. Each unit is tied to one share of FiEE common stock, giving him a contingent right to receive the same number of shares if the vesting and employment conditions described in the filing are fully satisfied.
What is the vesting schedule of the FiEE (FIEE) CEO’s RSU award?
The RSUs vest over three years: 30% on the first anniversary, 30% on the second, and the remaining 40% on the third. Vesting is conditioned on the CEO’s continued employment through each applicable vesting date, according to the Form 4 footnote disclosure.
What does each FiEE (FIEE) RSU granted to the CEO represent?
Each restricted stock unit represents a contingent right to receive one share of FiEE common stock. The units convert into shares only upon vesting and satisfaction of the continued employment condition, aligning the CEO’s reported equity position with the company’s future performance and tenure.
What are the CEO’s FiEE (FIEE) holdings after this RSU grant?
Following the reported transaction, total common stock-related holdings in this line item are 143,561 units. The Form 4 shows this figure as the total shares following the transaction, reflecting the newly granted restricted stock units reported as directly owned by the CEO.