Haemonetics EVP granted 28,424 RSUs, shares withheld for taxes
Haemonetics Corporation EVP and General Counsel Michelle L. Basil reported routine equity compensation activity.
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Rhea-AI Filing Summary
Haemonetics Corporation EVP and General Counsel Michelle L. Basil reported routine equity compensation activity. She received a grant of 28,424 restricted stock units, each convertible into one share of common stock, under the company’s 2019 long-term incentive plan. The RSUs vest over three years, with 40% vesting on each of the first two anniversaries of the grant date and 20% on the third.
The filing also shows 2,913 shares of common stock withheld at $56.29 per share to satisfy tax obligations tied to previously granted RSUs, which is not an open-market sale. After these transactions, she directly holds 68,829 shares of common stock, including unvested RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 2,913 | $56.29 | $164K |
| Grant/Award | Common Stock | 28,424 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares withheld for tax obligations in connection with the vesting of certain restricted stock units ("RSUs") previously reported in Table I.
- F2. This number includes unvested RSUs previously reported.
- F3. The securities awarded are in the form of RSUs issued pursuant to the Haemonetics Corporation Amended and Restated 2019 Long-Term Incentive Compensation Plan. The RSUs vest in three annual installments with forty percent of the total award vesting on the first anniversary of the date of grant, forty percent vesting on the second anniversary of the date of grant and the remaining twenty percent vesting on the third anniversary of the date of grant.
- F4. Each RSU represents a contingent right to receive one (1) share of the Issuer's common stock when vested.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
tax obligations financial
Long-Term Incentive Compensation Plan financial
vest financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Haemonetics (HAE) report for Michelle L. Basil?
What is the vesting schedule of Michelle L. Basil’s new RSU award at Haemonetics (HAE)?
Are the securities granted to Michelle L. Basil at Haemonetics (HAE) in the form of RSUs?
Does the Haemonetics (HAE) Form 4 show an open-market sale by Michelle L. Basil?
AI-generated analysis. How Rhea-AI works. Not financial advice.