GOLD RESOURCE CORP grants 63,520 DSUs to director
Gianulis Peter Lawrence reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Gianulis Peter Lawrence reported acquisition or exercise transactions in this Form 4 filing.
GOLD RESOURCE CORP director Peter Lawrence Gianulis received a grant of 63,520 deferred stock units (DSUs). Each DSU represents the right to receive one share of common stock or cash equal to the value of one share as of a future redemption date.
The DSUs vest immediately at grant, meaning they are no longer forfeitable, but they are only redeemable upon the earlier of Gianulis’s service termination with the company or ten years from the grant date. Following this grant, he holds 63,520 DSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DSU | 63,520 | $1.5743 | $100K |
Footnotes (2)
- F1. Each deferred stock unit ("DSU") represents the right to receive one share of common stock or cash equal to the value of one share of common stock as of the Redemption Date (defined below).
- F2. The DSUs vest immediately, meaning they become un-forfeitable at the time of grant but are redeemable at the earlier of the termination of the Reporting Person's service to the Issuer or ten years from the grant date (such date, the "Redemption Date").
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GOLD RESOURCE CORP (GORO) report for Peter Lawrence Gianulis?
How many deferred stock units did GORO grant to director Peter Gianulis?
Do the GORO deferred stock units granted to Peter Gianulis vest immediately?
When can the deferred stock units for GORO’s Peter Gianulis be redeemed?
What does each GORO deferred stock unit granted to Peter Gianulis represent?
How many DSUs does Peter Gianulis hold in GORO after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.