Gates Industrial grants 6,166 RSUs to CAO
Patouhas John reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Patouhas John reported acquisition or exercise transactions in this Form 4 filing.
Gates Industrial Corp plc reported that Chief Accounting Officer John Patouhas received a grant of 6,166 time-based restricted stock units on ordinary shares. Each unit represents a contingent right to one ordinary share and may be settled in shares, cash, or a combination.
The units vest in three substantially equal annual installments beginning on the first anniversary of the grant date. After this grant, Patouhas directly holds 17,696 time-based restricted stock units that remain subject to future vesting conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Time-Based Restricted Stock Units | 6,166 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each time-based restricted stock unit ("TBRSU") represents a contingent right to receive one share of the issuer ordinary shares. The TBRSUs will be settled in either ordinary shares or cash (or a combination thereof).
- F2. The reporting person was granted TBRSUs that vest in three substantially equal annual installments beginning on the first anniversary of the grant date. The number set forth in Column 9 reflects all TBRSUs outstanding subject to future vesting.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did GTES report for John Patouhas on this Form 4?
How many restricted stock units did GTES grant to Chief Accounting Officer John Patouhas?
What is the vesting schedule for John Patouhas’s new GTES restricted stock units?
After this grant, how many restricted stock units does John Patouhas hold in GTES?
What does each time-based restricted stock unit represent for GTES insiders?
AI-generated analysis. How Rhea-AI works. Not financial advice.