GBTG director awarded 23,429 restricted stock units
Global Business Travel Group, Inc. director Michael Gregory O'Hara reported an equity compensation grant and updated holdings.
Rhea-AI Filing Summary
Global Business Travel Group, Inc. director Michael Gregory O'Hara reported an equity compensation grant and updated holdings. He received 23,429 restricted stock units of Class A common stock at $0.00 per unit as part of the non-employee director compensation program. These units convert one-for-one into common shares and will fully vest on the date of the company’s next annual stockholders' meeting. Following the grant, he directly holds 120,526 Class A shares. The filing also reports 19,964,270 Class A shares held indirectly through several investment entities associated with him, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 23,429 | $0.00 | $0.00 |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents restricted stock units awarded as part of the Issuer's non-employee director compensation program. Units automatically convert to Issuer common stock upon vesting on a one-to-one basis. Award will fully vest on the date of the Issuer's next annual stockholders' meeting.
- F2. Reflects securities held directly by PecosCo Limited Partnership, HMC Juweel Holdings, LP, Certares Sponsor Investor (Delaware) LLC and Clementine Holdings Ltd. Certares Sponsor Investor (Delaware) LLC is controlled by its largest common shareholder, Certares Travel Holdings, LP. Certares Management Limited is the General Partner of each PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Messrs. Michael Gregory O'Hara, Henry Briance and Spencer Marsden are the directors of Certares Management Limited and as such may be deemed to have voting and dispositive control of the securities held of record by PecosCo Limited Partnership, HMC Juweel Holdings, LP and Certares Travel Holdings, LP. Clementine Holdings Ltd. is ultimately owned by Mr. Michael Gregory O'Hara.
- F3. The Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, the Reporting Person states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose.
Key Figures
Key Terms
restricted stock units financial
non-employee director compensation program financial
pecuniary interest financial
beneficial ownership financial
dispositive control financial
FAQ
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