G-III director receives 3,644-share RSU grant
Yaeger Andrew reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Yaeger Andrew reported acquisition or exercise transactions in this Form 4 filing.
G-III Apparel Group director Andrew Yaeger received an equity award of 3,644 restricted stock units (RSUs) of common stock. The RSUs were granted at no cash cost and increase his direct holdings to 20,905 shares of G-III common stock.
The RSUs will cliff vest on June 11, 2027, meaning all units vest at once on that date if he continues to serve as a director through the vesting date. Until vesting, the RSUs represent a contingent right to receive G-III common shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $.01 Per Share | 3,644 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted stock units ("RSUs") each representing a contingent right to receive one share of common stock of G-III Apparel Group, Ltd ("G-III"). The RSUs will cliff vest on June 11, 2027, subject to the Participant's continuous service as a Director with G-III through the vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
cliff vest financial
contingent right financial
continuous service financial
FAQ
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What insider transaction did GIII director Andrew Yaeger report?
When do Andrew Yaeger’s GIII RSUs vest and under what conditions?
What does the RSU grant price of $0.0000 mean for GIII’s director award?
What type of security was granted to GIII director Andrew Yaeger?
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