Graco CFO granted options and RSUs
Graco Inc. reported that CFO and Treasurer Sanjiv Gupta received new equity awards.
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Rhea-AI Filing Summary
Graco Inc. reported that CFO and Treasurer Sanjiv Gupta received new equity awards. He was granted a non-qualified stock option for 53,330 shares of common stock at an exercise price of $87.48 per share, expiring on April 15, 2036. The option vests as to 29.8% of the grant on each of the first and second anniversaries of the grant date and 20.2% on each of the third and fourth anniversaries. Gupta was also granted 13,076 restricted stock units, each representing the right to receive one share of Graco common stock upon vesting. These RSUs vest 50% on April 15, 2027 and 50% on April 15, 2028, subject to his continued employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Option (Right to Buy) | 53,330 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 13,076 | $0.00 | $0.00 |
Footnotes (3)
- F1. Employee stock option granted pursuant to the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. The stock option becomes exercisable as to 29.8% of the options on the first and second anniversaries of the date of the grant and as to 20.2% of the options on the third and fourth anniversaries of the date of the grant.
- F2. Each restricted stock unit ("RSU") represents the contingent right to receive, upon vesting of the RSU, one share of Graco common stock.
- F3. Represents a grant of RSUs under the Graco Inc. Amended and Restated 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3. 50% of the total number of RSUs will vest on each of April 15, 2027 and April 15, 2028, subject to Mr. Gupta's continued employment through those dates.
Key Figures
Key Terms
Non-qualified Stock Option financial
Restricted Stock Units financial
RSU financial
Rule 16b-3 regulatory
2019 Stock Incentive Plan financial
FAQ
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What equity awards did Graco (GGG) grant to CFO Sanjiv Gupta?
How do Sanjiv Gupta’s new Graco (GGG) stock options vest?
What are the terms of Sanjiv Gupta’s Graco (GGG) restricted stock units?
What is the exercise price and expiration date of Gupta’s new Graco (GGG) options?
What does each Graco (GGG) RSU granted to Sanjiv Gupta represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.