IPG Photonics director granted 2,436 shares
Meurice Eric reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Meurice Eric reported acquisition or exercise transactions in this Form 4 filing.
IPG Photonics Corp director equity grant: Director Eric Meurice received an award of 2,436 shares of IPG Photonics common stock, reported at a price of $0.00 per share. This reflects a grant or award, not an open-market purchase.
According to the disclosure, these are restricted stock units that vest in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting, subject to his continued service as a director. After this grant, Meurice directly holds 25,239 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,436 | $0.00 | $0.00 |
Footnotes (1)
- F1. Grant of restricted stock units vesting in full on the earlier of the first anniversary of the grant date or the next annual stockholders' meeting that occurs at least 50 weeks after the prior year's meeting, subject to the Reporting Person's continued services as a director of the Issuer through the vesting date.
Key Figures
Key Terms
restricted stock units financial
vesting financial
annual stockholders' meeting financial
FAQ
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What did IPG Photonics (IPGP) director Eric Meurice report in this Form 4?
When do Eric Meurice’s new IPG Photonics (IPGP) restricted stock units vest?
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