Hayward Holdings (NYSE: HAYW) VP granted 5,071 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ramirez Dario Vicario reported acquisition or exercise transactions in this Form 4 filing.
Hayward Holdings, Inc. executive Dario Vicario, VP & GM for Europe & Rest of World, received a grant of 5,071 restricted stock units of common stock under the company’s 2021 Equity Plan. These units were awarded at no purchase price and increase his directly owned common stock holdings to 12,889 shares.
Each restricted stock unit represents the right to receive one share of Hayward common stock. The award vests in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029, as long as Vicario remains in continuous service with the company through each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ramirez Dario Vicario
Role
VP&GM, Europe & Rest of World
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,071 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 12,889 shares (Direct)
Footnotes (1)
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FAQ
What did Hayward Holdings (HAYW) report in this Form 4 for Dario Vicario?
Hayward Holdings reported that executive Dario Vicario received a grant of 5,071 restricted stock units of common stock. The award was made under the 2021 Equity Plan and increased his directly owned common stock position to 12,889 shares following the grant.
How many restricted stock units did Hayward’s Dario Vicario receive?
Dario Vicario received 5,071 restricted stock units of Hayward common stock. Each unit represents the contingent right to one share, granted at no purchase price, under the Hayward Holdings, Inc. 2021 Equity Plan as part of his executive compensation package.
What are the vesting dates for Dario Vicario’s 5,071 Hayward restricted stock units?
The 5,071 restricted stock units vest in three equal installments on February 28, 2027, February 28, 2028, and February 28, 2029. Vesting requires that Dario Vicario remain in continuous service with Hayward Holdings through each respective vesting date.
Is there a purchase price for the restricted stock units granted to Dario Vicario at Hayward?
The restricted stock units granted to Dario Vicario were awarded at a price of $0.0000 per share. This indicates they were issued as equity compensation under the 2021 Equity Plan rather than purchased in an open-market or cash transaction by the executive.
What is Dario Vicario’s ownership in Hayward common stock after this Form 4 transaction?
Following the grant, Dario Vicario directly owns 12,889 shares of Hayward common stock. This total includes the impact of the 5,071 restricted stock units reported in the Form 4, which represent contingent rights to receive additional common shares upon vesting.
Under which plan were the Hayward restricted stock units granted to Dario Vicario?
The restricted stock units were granted under the Hayward Holdings, Inc. 2021 Equity Plan. This plan provides equity-based awards, and in this case each unit gives a contingent right to one share of common stock, subject to future vesting conditions and continued service.