Illumina director granted 2,072 RSUs
Ullem Scott B. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ullem Scott B. reported acquisition or exercise transactions in this Form 4 filing.
ILLUMINA, INC. director Scott B. Ullem received a grant of 2,072 shares of common stock in the form of restricted stock units at an indicated value of $144.83 per share. After this compensation-related award, he directly holds 10,863 shares of Illumina common stock.
According to the award terms, all shares subject to the restricted stock units will vest in full on the earlier of the one-year anniversary of the grant date or the date immediately preceding the company’s next annual stockholder meeting for the following year, as long as he continues to serve as a director through that date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,072 | $144.83 | $300K |
Footnotes (1)
- F1. Grant of restricted stock units. 100% of the shares subject to the restricted stock unit award shall vest on the earlier of (i) the one year anniversary of the date of grant of the award and (ii) the date immediately preceding the date of the annual meeting of the company's stockholders for the year following the year of grant of the award, provided, in each case, that the awardee continues to serve as a director on such date.
Key Figures
Key Terms
restricted stock units financial
vest financial
annual meeting of the company's stockholders financial
FAQ
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What insider transaction did Illumina (ILMN) director Scott B. Ullem report?
What are the vesting terms of Scott B. Ullem’s Illumina (ILMN) restricted stock units?
Was Scott B. Ullem’s Illumina (ILMN) Form 4 transaction an open-market buy or sell?
At what reference price were Scott B. Ullem’s Illumina (ILMN) restricted stock units valued?
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