GORO director granted 158,800 deferred stock units
LITTLE RONALD reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
LITTLE RONALD reported acquisition or exercise transactions in this Form 4 filing.
GOLD RESOURCE CORP director Ronald Little received a grant of 158,800 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, so they are not forfeitable, but they are redeemable only at the earlier of the end of Little’s service with the company or ten years from the grant date. Following this award, he holds 158,800 DSUs directly, linked to an equivalent number of underlying common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DSU | 158,800 | $1.5743 | $250K |
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
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What insider transaction did GOLD RESOURCE CORP (GORO) director Ronald Little report?
How many deferred stock units did Ronald Little acquire in this GORO Form 4?
When do Ronald Little’s GORO deferred stock units vest and become redeemable?
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