HCSG director granted 1,969 stock units
Visconto Jude reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Visconto Jude reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. director Jude Visconto received an award of 1,969 shares of Common Stock as a grant of unvested deferred stock units at a reference price of $20.32 per share. After this award, Visconto directly holds 14,975 shares.
The deferred stock units will fully vest on the one-year anniversary of the grant date and will be settled in common shares upon the earliest of a five-year anniversary of the grant, Visconto’s death, disability or separation from service, or a Change of Control, with an option for further deferral under Code Section 409A.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,969 | $20.32 | $40K |
Footnotes (2)
- F1. Represents a grant of unvested deferred stock units ("DSU") which will become fully vested on the one year anniversary of the grant date. Such DSUs will be settled in shares of common stock on the first to occur of (i) five-year anniversary of the Date of Grant, (ii) the Participant's date of death, disability or separation from service; or (iii) the date of a Change of Control (the "Settlement Date"). A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A.
- F2. Amount represents 4,775 unvested DSUs and 10,200 vested DSUs.
Key Figures
Key Terms
deferred stock units financial
Change of Control financial
Code Section 409A financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HCSG director Jude Visconto report in this Form 4?
When do Jude Visconto’s HCSG deferred stock units vest and settle?
What portion of Jude Visconto’s HCSG deferred stock units are vested vs unvested?
Was the HCSG Form 4 transaction a market buy or sell by Jude Visconto?
AI-generated analysis. How Rhea-AI works. Not financial advice.