IR CFO reports equity grants and tax share offsets
Ingersoll Rand Inc. Senior Vice President and CFO Vikram Kini reported equity compensation activity involving restricted stock units, stock options, and related common stock.
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Rhea-AI Filing Summary
Ingersoll Rand Inc. Senior Vice President and CFO Vikram Kini reported equity compensation activity involving restricted stock units, stock options, and related common stock. Previously granted restricted stock units vested into 1,943 and 1,648 shares of common stock, while 843 and 715 shares were disposed of to cover tax withholding obligations at prices of $93.94 and $95.60 per share. Kini also received new grants of 14,636 restricted stock units and 36,259 stock options that vest in four equal annual installments beginning on February 23, 2027. Following these transactions, Kini directly held 100,550 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,943 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 14,636 | $0.00 | $0.00 |
| Grant/Award | Stock Options (Right to Buy) | 36,259 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,943 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 843 | $93.94 | $79K |
| Exercise | Restricted Stock Units | 1,648 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,648 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 715 | $95.60 | $68K |
Footnotes (5)
- F1. Represents restricted stock units originally granted on February 22, 2022, which vest in four equal annual installments beginning on February 22, 2023, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- F2. Represents restricted stock units originally granted on February 23, 2023, which vest in four equal annual installments beginning on February 23, 2024, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- F3. Represents shares withheld to pay taxes applicable to vesting of restricted stock units.
- F4. These restricted stock units vest in four equal annual installments beginning on February 23, 2027, and upon vesting, will each be settled by delivery of one share of common stock, an equivalent amount of cash, or a combination thereof.
- F5. These stock options vest in four substantially equal annual installments beginning on February 23, 2027.
FAQ
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What insider transactions did Ingersoll Rand (IR) CFO Vikram Kini report?
How many new restricted stock units did the IR CFO receive in this Form 4?
What stock option grant was reported for Ingersoll Rand (IR) CFO Vikram Kini?
When do the newly granted IR restricted stock units and options start vesting?
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