Integra LifeSciences (IART) grants EVP 5,590 RSUs vesting over 3 years
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Singh Harvinder reported acquisition or exercise transactions in this Form 4 filing.
Integra LifeSciences EVP & President, SS Harvinder Singh received a grant of 5,590 restricted stock units (RSUs). The award was made under the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan.
Each RSU represents a contingent right to receive one share of common stock. The RSUs will vest in three equal annual installments on the first, second, and third anniversaries of the grant date, subject to his continued service. Following this grant, Singh holds 68,883 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Singh Harvinder
Role
EVP & President, SS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,590 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 68,883 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units ("RSUs") pursuant to the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan, as amended (the "Plan"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. All RSUs reported in this row were granted under the Plan and will vest ratably in three equal annual installments on each of the first, second, and third anniversaries of the grant date, subject to the Reporting Person's continued service through each applicable vesting date.
Key Figures
RSUs granted: 5,590 RSUs
Holdings after grant: 68,883 RSUs
Vesting period: 3 years
3 metrics
RSUs granted
5,590 RSUs
Grant of restricted stock units to Harvinder Singh
Holdings after grant
68,883 RSUs
Total restricted stock units following this transaction
Vesting period
3 years
RSUs vest in three equal annual installments
Key Terms
Restricted Stock Units, Equity Incentive Plan, contingent right, vesting
4 terms
Restricted Stock Units financial
"Grant of restricted stock units ("RSUs") pursuant to the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Equity Incentive Plan financial
"pursuant to the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan, as amended (the "Plan")"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock"
vesting financial
"will vest ratably in three equal annual installments on each of the first, second, and third anniversaries of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What insider transaction did Integra LifeSciences (IART) report for Harvinder Singh?
Integra LifeSciences reported that EVP & President, SS Harvinder Singh received a grant of 5,590 restricted stock units. These RSUs are a form of equity compensation that convert into common shares over time if service-based vesting conditions are satisfied.
How many restricted stock units did Harvinder Singh receive from Integra LifeSciences (IART)?
Harvinder Singh received 5,590 restricted stock units from Integra LifeSciences. Each RSU represents a contingent right to receive one share of the company’s common stock, providing equity-based compensation that aligns his interests with long-term shareholder value creation.
What is the vesting schedule for Harvinder Singh’s new Integra LifeSciences RSU grant?
All 5,590 RSUs will vest ratably in three equal annual installments on the first, second, and third anniversaries of the grant date. Vesting is conditioned on Singh’s continued service with Integra LifeSciences through each applicable vesting date.
What are Harvinder Singh’s Integra LifeSciences holdings after this RSU grant?
After the RSU grant, Harvinder Singh directly holds 68,883 restricted stock units. These RSUs each represent a contingent right to receive one share of Integra LifeSciences common stock as they vest over time under the equity incentive plan’s terms.