HCSG director receives 1,969 deferred stock units
Grant Laura K reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Grant Laura K reported acquisition or exercise transactions in this Form 4 filing.
Healthcare Services Group Inc. director Laura K. Grant received a grant of 1,969 deferred stock units (DSUs) tied to common stock at a reference value of $20.32 per unit. These DSUs are unvested and will fully vest one year after the grant date, then be settled in shares of common stock upon specified future events such as the five-year anniversary of grant, death, disability, separation from service, or a change of control. Following this award, Grant holds 18,008 DSUs in total, consisting of 4,775 unvested DSUs and 13,233 vested DSUs, reflecting a routine, compensation-related increase in her equity-based interest.
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 13,233 vested DSUs.
Key Figures
Key Terms
deferred stock units financial
DSU financial
Change of Control financial
Code Section 409A regulatory
FAQ
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What insider transaction did HCSG director Laura K. Grant report?
How large is Laura K. Grant’s new equity award at Healthcare Services Group (HCSG)?
When do Laura K. Grant’s newly granted HCSG DSUs vest and settle?
How many Healthcare Services Group DSUs does Laura K. Grant hold after this Form 4?
Is Laura K. Grant’s HCSG Form 4 transaction a market purchase or a compensation grant?
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