Illumina director granted 2,072 RSUs
SCHILLER PHILIP W reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SCHILLER PHILIP W reported acquisition or exercise transactions in this Form 4 filing.
ILLUMINA, INC. director Philip W. Schiller received an equity grant of 2,072 shares of Common Stock in the form of restricted stock units, valued at $144.83 per share. Following this award, he holds 22,220 shares directly.
The restricted stock units will vest 100% on the earlier of one year from the grant date or immediately before the company’s next annual stockholder meeting for the following year, as long as he continues serving 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
director financial
FAQ
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What insider transaction did ILMN director Philip Schiller report on this Form 4?
What are the vesting terms of Philip Schiller’s Illumina restricted stock units?
What transaction code is used for Philip Schiller’s Illumina equity grant on Form 4?
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