Integra EVP granted RSUs and stock options
INTEGRA LIFESCIENCES HOLDINGS CORP executive Michael J. McBreen, EVP & Chief Commercial Officer, received equity awards as part of his compensation.
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Form Type
4
Rhea-AI Filing Summary
INTEGRA LIFESCIENCES HOLDINGS CORP executive Michael J. McBreen, EVP & Chief Commercial Officer, received equity awards as part of his compensation. He was granted 31,909 restricted stock units and a non-qualified stock option for 60,372 shares at an exercise price of $15.67 per share. Both awards vest in three equal annual installments starting on the first anniversary of the grant date, contingent on his continued service. Following the RSU grant, he holds 124,017 shares of common stock directly.
Insider Trade Summary
Grant/Award: 92,281 shares
Grant/Award
2 txns
Insider
McBreen Michael J.
Role
EVP & Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Option (right to buy) | 60,372 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 31,909 | $0.00 | $0.00 |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 60,372 contracts (Direct);
Restricted Stock Units — 124,017 contracts (Direct)
Footnotes (3)
- F1. This award consists of stock options granted pursuant to the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive Plan, as amended (the "Plan") and will vest ratably in three equal annual installments on each of the first, second, and third anniversaries of the grant date, in each case subject to the Reporting Person's continued service through the applicable vesting dates.
- F2. Grant of restricted stock units ("RSUs") pursuant to the Plan. Each RSU represents a contingent right to receive one share of the Issuer's common stock.
- F3. 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
RSU grant: 31,909 units
Stock option grant: 60,372 options
Option exercise price: $15.67 per share
+2 more
5 metrics
RSU grant
31,909 units
Restricted Stock Units granted on June 1, 2026
Stock option grant
60,372 options
Non-qualified stock options granted on June 1, 2026
Option exercise price
$15.67 per share
Conversion or exercise price for non-qualified stock options
Options expiration
June 1, 2034
Expiration date for non-qualified stock options
Common shares after RSU grant
124,017 shares
Direct common stock holdings following RSU award
Key Terms
Restricted Stock Units, Non-Qualified Stock Option, Equity Incentive Plan, vesting, +1 more
5 terms
Restricted Stock Units financial
"He was granted 31,909 restricted stock units and a non-qualified stock option"
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.
Non-Qualified Stock Option financial
"a non-qualified stock option for 60,372 shares at an exercise price"
A non-qualified stock option (NSO) is a contract that lets an employee or service provider buy company shares at a fixed price for a set period, like a voucher to purchase stock later at today’s price. It matters to investors because exercising NSOs creates ordinary income for the holder and can increase share count, affecting a company’s earnings and ownership mix; think of it as a future sale that can dilute existing shareholders and has immediate tax consequences for the recipient.
Equity Incentive Plan financial
"granted pursuant to the Integra LifeSciences Holdings Corporation Fifth Amended and Restated 2003 Equity Incentive 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.
vesting financial
"Both awards vest in three equal annual installments starting on the first anniversary"
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.
RSUs financial
"Grant of restricted stock units ("RSUs") pursuant to the Plan."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did Integra Lifesciences (IART) grant to Michael J. McBreen?
Michael J. McBreen received 31,909 restricted stock units and a non-qualified stock option for 60,372 shares. These compensation awards were granted under Integra’s Fifth Amended and Restated 2003 Equity Incentive Plan.
At what exercise price were Michael J. McBreen’s Integra (IART) stock options granted?
The non-qualified stock options were granted with an exercise price of $15.67 per share. This is the price at which he can purchase Integra common stock when the options become exercisable.
How do Michael J. McBreen’s restricted stock units at Integra (IART) vest?
The 31,909 restricted stock units vest in three equal annual installments. Vesting occurs on each of the first, second, and third anniversaries of the grant date, subject to his continued service with Integra Lifesciences.
What is the vesting schedule for Michael J. McBreen’s Integra (IART) stock options?
The 60,372 non-qualified stock options vest ratably in three equal annual installments. Each installment vests on the first, second, and third anniversaries of the grant date, conditioned on McBreen’s continued service.
When do Michael J. McBreen’s Integra (IART) stock options expire?
The granted non-qualified stock options expire on June 1, 2034. After this expiration date, any unexercised options will no longer be usable to purchase Integra Lifesciences common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
