Haemonetics (NYSE: HAE) awards director 2,538 RSUs vesting on first anniversary
Rhea-AI Filing Summary
KROLL MARK W reported acquisition or exercise transactions in this Form 4 filing.
Haemonetics Corp director Mark W. Kroll reported an equity award of 2,538 restricted stock units (RSUs) granted under the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan. The RSUs vest 100% on the first anniversary of the grant date, with each RSU representing a contingent right to receive one (1) share of common stock when vested. Following this award, his reported direct holdings are 27,295 common shares, including these RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,538 shares
Net Buy
1 txn
Insider
KROLL MARK W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 2,538 | -- | -- |
Holdings After Transaction:
Common Stock — 27,295 shares (Direct)
Footnotes (2)
- F1. The securities awarded are in the form of restricted stock units ("RSUs") issued pursuant to the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan. The RSUs vest 100% on the first anniversary of the date of grant.
- F2. Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock when vested.
Key Figures
RSUs granted: 2,538 units
Holdings after award: 27,295 shares
Vesting schedule: 100%
+1 more
4 metrics
RSUs granted
2,538 units
Restricted stock units awarded to director Mark W. Kroll
Holdings after award
27,295 shares
Reported direct common stock holdings following the RSU grant
Vesting schedule
100%
RSUs vest 100% on the first anniversary of the grant date
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents a contingent right to receive one (1) share of common stock
Key Terms
restricted stock units ("RSUs"), contingent right, Long-Term Incentive Compensation Plan
3 terms
restricted stock units ("RSUs") financial
"The securities awarded are in the form of restricted stock units ("RSUs") issued"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
contingent right financial
"Each RSU represents a contingent right to receive one (1) share"
Long-Term Incentive Compensation Plan financial
"pursuant to the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Haemonetics (HAE) director Mark W. Kroll receive in this insider transaction?
Mark W. Kroll received an equity award of 2,538 restricted stock units (RSUs). The RSUs were granted under Haemonetics Corporation’s Amended and Restated 2019 Long-Term Incentive Compensation Plan and will vest 100% on the first anniversary of the grant date.
When do the 2,538 Haemonetics (HAE) RSUs granted to Mark W. Kroll vest?
The 2,538 RSUs granted to Mark W. Kroll vest 100% on the first anniversary of the grant date. Once vested, each RSU converts into one share of Haemonetics common stock, increasing his deliverable share ownership.
What does each Haemonetics (HAE) RSU granted to Mark W. Kroll represent?
Each RSU granted to Mark W. Kroll represents a contingent right to receive one (1) share of Haemonetics common stock. The shares become deliverable only after the RSUs vest, which occurs 100% on the first anniversary of the grant date.
Under which plan were the 2,538 Haemonetics (HAE) RSUs to Mark W. Kroll issued?
The 2,538 RSUs were issued under the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan. This plan provides equity-based awards such as RSUs to align director and executive compensation with shareholder interests.
Was Mark W. Kroll’s Haemonetics (HAE) RSU grant made under a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox for this transaction was not selected. The reported award is a grant of RSUs, and no indication is given that it was executed pursuant to a pre-arranged Rule 10b5-1 trading plan.