Janus Living director buys and receives JAN share grants
Janus Living, Inc. director Herman Charles J Jr reported multiple equity transactions in Class A-1 Common Stock.
Rhea-AI Filing Summary
Janus Living, Inc. director Herman Charles J Jr reported multiple equity transactions in Class A-1 Common Stock. He received a grant of 2,500 vested shares in connection with the company’s initial public offering and an additional grant of 5,000 restricted stock units as annual director compensation.
The RSUs convert one-for-one into Class A-1 Common Stock and vest in full on the earliest of the first anniversary of the grant date, the next annual stockholders’ meeting, or if his board service ends due to death or disability. He also bought 5,500 shares in an open-market transaction from the IPO underwriters at $20.00 per share, bringing his direct holdings to 13,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A-1 Common Stock | 2,500 | $0.00 | $0.00 |
| Grant/Award | Class A-1 Common Stock | 5,000 | $0.00 | $0.00 |
| Purchase | Class A-1 Common Stock | 5,500 | $20.00 | $110K |
Footnotes (3)
- F1. Represents the grant of vested shares in connection with the Issuer's initial public offering of Class A-1 Common Stock ("IPO").
- F2. Represents the grant of restricted stock units ("RSU's") as annual equity compensation for service as a director of the Issuer. The RSUs convert on a one-for one basis into shares of Class A-1 Common Stock upon vesting, and vest in full on the earliest of the first anniversary of the grant date, the date of the Company's annual meeting of stockholders following the grant date, or the termination of the director's service due to death or disability.
- F3. Represents shares purchased from the underwriters in the IPO.
FAQ
What insider transactions did JAN director Herman Charles J Jr report on this Form 4?
What equity compensation did Janus Living (JAN) grant to its director?
When do the Janus Living (JAN) RSUs granted to the director vest?
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