Janus Living director acquires stock and RSU awards
Janus Living, Inc. director Denise Olsen reported new equity ownership tied to the company’s initial public offering.
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Rhea-AI Filing Summary
Janus Living, Inc. director Denise Olsen reported new equity ownership tied to the company’s initial public offering. She received 2,500 vested shares of Class A-1 Common Stock in connection with the IPO and a grant of 5,000 restricted stock units as annual director compensation.
The RSUs convert one-for-one into Class A-1 Common Stock upon vesting, which occurs on the earlier of the first anniversary of the grant, the next annual stockholder meeting, or certain service-ending events. Olsen also bought 500 shares at $20 per share from the IPO underwriters, bringing her direct holdings to 8,000 shares.
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 | 500 | $20.00 | $10K |
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
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What insider transactions did Janus Living (JAN) director Denise Olsen report?
What are the terms of Denise Olsen’s RSU grant at Janus Living (JAN)?
How much of Denise Olsen’s Janus Living (JAN) position comes from compensation grants?
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