Green Dot director granted 17,496 RSUs
Millard Robert C. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Millard Robert C. reported acquisition or exercise transactions in this Form 4 filing.
GREEN DOT CORP director Robert C. Millard reported an equity compensation grant of 17,496 shares of Class A Common Stock in the form of a restricted stock unit (RSU) award at no cash cost per share. Following this grant, he holds 87,026 shares directly.
The RSUs are scheduled to vest in full on the first anniversary of the grant date. Vesting will accelerate if the closing of the transactions under the Agreement and Plan of Merger among the issuer, CommerceOne Financial Corporation, and other parties dated November 23, 2025 occurs earlier, in which case vesting will be prorated based on days elapsed.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 17,496 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of Class A Common Stock underlying a restricted stock unit ("RSU") award that will vest as to all underlying shares on the first anniversary of the date of grant, with vesting to accelerate upon the occurrence of the closing of the transactions contemplated by the Agreement and Plan of Merger by and among the issuer, CommerceOne Financial Corporation and certain other parties thereto, dated as of November 23, 2025 (the "Closing") prior to such date; provided, however, that in the event the Closing occurs prior to the first anniversary of the date of grant, the RSU award shall vest on a prorated basis such that the number of vested RSUs is equal to the product of the total number of RSUs subject to such award multiplied by a fraction, the numerator of which is the number of days elapsed from the date of grant through and including the date of the Closing, and the denominator of which is 365.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
Agreement and Plan of Merger regulatory
prorated basis financial
numerator financial
denominator financial
closing of the transactions regulatory
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