Groupon, Inc. (GRPN) awards COO 77,500 RSUs and 77,500 PSUs
Rhea-AI Filing Summary
Rajkumar Aditya Vikram reported acquisition or exercise transactions in this Form 4 filing.
Groupon, Inc. Chief Operating Officer Aditya Vikram Rajkumar received equity awards of 77,500 Restricted Stock Units (RSUs) and 77,500 Performance Share Units (PSUs), each representing a contingent right to one share of common stock.
The RSUs vest in three equal tranches on May 1 of 2027, 2028, and 2029, subject to continued service and a year-end performance review modifier of 0% to 300% per tranche. The PSUs cliff vest on May 1, 2029 based on the Company’s relative TSR versus the Russell 2000 Index over May 1, 2026 to May 1, 2029, with potential payouts from 0% to 300% of the granted PSUs, capped at 100% if TSR is negative; the Compensation Committee may adjust TSR calculations to neutralize the impact of liquidity events or revaluations involving the Company’s equity interest in SumUp Holdings, S.a.r.l. Following these grants, the filing reports 77,500 RSUs and 77,500 PSUs held directly.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 77,500 | $0.00 | $0.00 |
| Grant/Award | Performance Share Units F3, F4 | 77,500 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Groupon, Inc. (the "Company" or "Issuer") common stock.
- F2. The RSUs will vest in three equal tranches (one third on each of May 1, 2027, May 1, 2028, and May 1, 2029), subject to continued service and a year-end performance review modifier of 0% to 300% per tranche.
- F3. Each performance share unit ("PSU") represents a contingent right to receive one share of Issuer common stock.
- F4. The number of shares of common stock that will be acquired upon the vesting of the PSUs is contingent upon the Company's relative TSR vs. Russell 2000 Index over a three-year performance period (May 1, 2026 to May 1, 2029). The PSUs will cliff vest on May 1, 2029, ranging from 0% (at or below 50th percentile) to 300% (at or above 90th percentile). In the event of negative TSR, payout is capped at 100%. The Compensation Committee will adjust the TSR calculation to neutralize the impact of any liquidity event (including a sale, transfer, or public offering) or revaluation of the Company's equity interest in SumUp Holdings, S.a.r.l. during the performance period.
Key Figures
Key Terms
Restricted Stock Units financial
relative TSR vs. Russell 2000 Index financial
cliff vest financial
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