Honest Company CEO granted 1.29M RSUs
Vernon Carla reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Vernon Carla reported acquisition or exercise transactions in this Form 4 filing.
Honest Company, Inc. director and Chief Executive Officer Carla Vernon reported an equity award of 1,293,393 shares of common stock in the form of Restricted Stock Units (RSUs) granted at no cash cost per share. These RSUs vest over four years, with 25% vesting on February 19, 2027 and the remaining 75% vesting in 12 equal quarterly installments each February 19, May 19, August 19 and November 19 thereafter, subject to her continuous service. After this award, she reports beneficial ownership of 4,194,881 shares, including 3,165,660 RSUs that are each payable in one share of Honest Company common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,293,393 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Stock Units (RSUs) shall vest over a four-year period, with 25% of the RSUs vesting on February 19, 2027, and the remainder vesting in 12 equal quarterly installments on each of February 19, May 19, August 19 and November 19 thereafter, in each case subject to such Reporting Person's Continuous Service (as defined in the Issuer's 2021 Equity Incentive Plan) through each such date. The RSUs are payable in an equivalent number of shares of the Issuer's common stock.
- F2. Includes 3,165,660 RSUs which are payable in an equivalent number of shares of the Issuer's common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Honest Company (HNST) CEO Carla Vernon report on this Form 4?
How do Carla Vernon’s new RSUs at Honest Company (HNST) vest over time?
What are the key terms of Carla Vernon’s RSU award at Honest Company (HNST)?
Does Carla Vernon pay cash for the 1,293,393 RSUs reported at Honest Company (HNST)?
AI-generated analysis. How Rhea-AI works. Not financial advice.