Groupon Executive Boosts Stake as Performance Targets Trigger Share Awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Groupon CFO Jiri Ponrt reported multiple transactions involving Performance Share Units (PSUs) on June 18, 2025:
- Acquired 40,968 shares of common stock through PSU conversion at $0, resulting in direct ownership of 198,336 shares
- Disposition of 40,968 PSUs upon conversion to common stock
- Forfeiture of 2,157 PSUs due to 5% reduction under vesting-modifier performance metric
- New grant of 2,157 PSUs with performance conditions for 2025-2027 period
The PSUs vest based on stock price hurdles over three-year performance periods and continued service conditions. Vesting occurs upon certification by the compensation committee. The transactions demonstrate ongoing executive compensation alignment with company performance metrics.
Positive
- None.
Negative
- None.
Insider Trade Summary
43,125 shares exercised/converted
Mixed
4 txns
Insider
Ponrt Jiri
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 40,968 | $0.00 | -- |
| Exercise | Performance Share Units | 2,157 | $0.00 | -- |
| Grant/Award | Performance Share Units | 2,157 | $0.00 | -- |
| Exercise | Common Stock | 40,968 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 438,638 shares (Direct);
Common Stock — 198,336 shares (Direct)
Footnotes (1)
- Each performance stock unit represents a contingent right to receive one share of Common Stock. The number of shares of Common Stock that will be acquired on vesting of the performance shares is contingent upon the achievement of pre-established stock price hurdles over a three-year performance period beginning on May 1, 2024, and ending on May 1, 2027; and achievement of continued service conditions measured on each of May 1, 2025, May 1, 2026, and May 1, 2027. The performance shares shall vest immediately upon certification of the achievement of both conditions by the compensation committee of the Issuer. Reflects forfeiture of 2,157 PSUs originally granted May 1, 2024, due to the 5% reduction under the vesting-modifier performance metric. The number of shares of Common Stock that will be acquired on vesting of the performance shares is contingent upon performance thresholds over a two-year performance period beginning on May 1, 2025, and ending on May 1, 2027; and achievement of continued service conditions measured on each of May 1, 2026, and May 1, 2027. The performance shares shall vest immediately upon certification of the achievement of both conditions by the compensation committee of the Issuer.