GCM Grosvenor director granted 7,526 RSUs
SCOTT SAMUEL C III reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SCOTT SAMUEL C III reported acquisition or exercise transactions in this Form 4 filing.
GCM Grosvenor Inc. director Scott Samuel C III received a grant of 7,526 Restricted Stock Units, each representing one share of Class A Common Stock, valued at $9.80 per unit. The award was made under the company’s Amended and Restated 2020 Incentive Award Plan in lieu of quarterly cash compensation at his election.
The RSUs are fully vested on the grant date. Shares will be delivered upon the earliest of his separation from service, a change in control event, or his death or disability. Following this award, he holds 117,857 shares or units directly.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 7,526 | $9.80 | $74K |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents the contingent right to receive one share of Class A Common Stock of the Issuer.
- F2. This award of RSUs was granted pursuant to the Issuer's Amended and Restated 2020 Incentive Award Plan, in lieu of quarterly cash compensation at the election of the Reporting Person, and is fully vested as of the date of grant. Shares of Class A Common Stock in settlement of vested RSUs will be delivered upon the earliest to occur of the Reporting Person's "separation from service" from the Issuer, a "change in control event" of the Issuer or the Reporting Person's death or disability.
Key Figures
Key Terms
Restricted Stock Units financial
Amended and Restated 2020 Incentive Award Plan financial
separation from service financial
change in control event financial
Class A Common Stock financial
FAQ
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What insider transaction did GCM Grosvenor (GCMG) report for Scott Samuel C III?
At what value were the 7,526 RSUs granted to the GCMG director?
Are the newly granted GCMG Restricted Stock Units vested for Scott Samuel C III?
Why did the GCMG director receive RSUs instead of cash compensation?
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