ITG director awarded 7,500 RSUs
LAPERCH WILLIAM G reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
LAPERCH WILLIAM G reported acquisition or exercise transactions in this Form 4 filing.
ITG, Inc. director William G. LaPerch reported receiving a grant of 7,500 shares of Class A common stock in the form of restricted stock units (RSUs). The award carries no purchase price and represents compensation rather than an open-market transaction. According to the grant terms, all RSUs will vest at once on the earlier of the day immediately preceding the first annual stockholder meeting following the grant date or the one-year anniversary of the grant, assuming he continues serving the company through that vesting date. After this award, LaPerch is reported as directly holding 7,500 shares tied to this grant.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A common stock | 7,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person. Each RSU represents a contingent right to receive one share of Class A common stock upon vesting. The RSUs shall vest in full on the earlier of (i) the day immediately preceding the date of the first annual meeting of the Issuer's stockholders following the date of grant and (ii) the one-year anniversary of the date of grant, in each case, subject to the Reporting Person's continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Class A common stock financial
vesting financial
contingent right financial
FAQ
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What insider transaction did ITG (ITG) disclose for William G. LaPerch?
When do William G. LaPerch’s ITG (ITG) restricted stock units vest?
What does each ITG (ITG) RSU granted to William G. LaPerch represent?
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