Gemini director receives 42,462 RSU share grant
Gemini Space Station, Inc. director Sachin Chand Jaitly received an equity grant of 42,462 Class A Common Stock RSUs.
Rhea-AI Filing Summary
Gemini Space Station, Inc. director Sachin Chand Jaitly received an equity grant of 42,462 Class A Common Stock RSUs. These restricted stock units were granted at no cash cost under the company’s Non-Employee Director Compensation Policy.
Each RSU converts into one share of Class A common stock upon vesting. The RSUs vest on the earlier of the first anniversary of the grant date or the day immediately before the company’s next annual stockholder meeting, as long as Jaitly continues to serve through the vesting date. Following this award, he directly owns 49,604 shares.
Positive
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 42,462 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person pursuant to the Issuer's Non-Employee Director Compensation Policy. Each RSU represents a contingent right to receive one share of the Issuer's Class A common stock upon vesting. The RSUs vest on the earlier of (i) the first anniversary of the grant date and (ii) the day immediately preceding the Issuer's next annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Non-Employee Director Compensation Policy financial
vesting financial
annual meeting of stockholders financial
FAQ
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What insider transaction did GEMI director Sachin Chand Jaitly report?
At what price were the GEMI RSUs granted to Sachin Chand Jaitly?
How do the GEMI RSUs granted to Sachin Chand Jaitly vest?
What does each RSU granted to Sachin Chand Jaitly represent for GEMI?
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