Kodiak AI (KDK) COO receives 417,362 RSUs, now holds 596,102 shares
Rhea-AI Filing Summary
Wiesinger Michael reported acquisition or exercise transactions in this Form 4 filing.
Kodiak AI, Inc. Chief Operating Officer Michael Wiesinger reported an equity compensation grant in the form of 417,362 restricted stock units (RSUs), each representing the right to receive one share of Common Stock at no purchase price. The RSUs vest over time: one-eighth of the total vests on the first Quarterly Vesting Date occurring on or after six months from the vesting commencement date, then one-sixteenth vests on each of the next fourteen Quarterly Vesting Dates (March 10, May 15, August 15, and November 15), as long as he continues as a service provider. Following this grant, he directly owns 596,102 shares of Kodiak AI Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 417,362 | $0.00 | -- |
Footnotes (1)
- These securities are restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock One-eighth (1/8th) of the total number of RSUs subject to the Award will be scheduled to vest on the first Quarterly Vesting Date (as defined below) on or immediately following the date that is six (6) months following the Vesting Commencement Date (such first vesting date, the First Vesting Date), and thereafter, one-sixteenth (1/16th) of the total number of RSUs subject to the Award will be scheduled to vest on each of the next fourteen (14) consecutive Quarterly Vesting Dates that occur after the First Vesting Date, in each case subject to the Participant continuing to be a Service Provider through the applicable vesting date. Quarterly Vesting Dates means March 10, May 15, August 15, and November 15.