Lamar director awarded 485-share stock grant
Lamar Advertising Company director Anna Reilly received an award of 485 shares of Class A Common Stock as equity compensation.
Rhea-AI Filing Summary
Lamar Advertising Company director Anna Reilly received an award of 485 shares of Class A Common Stock as equity compensation. The grant carried no cash exercise price. Following this award, she directly holds 148,463 shares.
According to the grant terms, 243 shares vested immediately, and 242 shares will vest on the last day of her one-year term as director. The Compensation Committee approved the award upon her re-election and after conditions under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 were fully satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 485 | $0.00 | $0.00 |
Footnotes (1)
- F1. The securities reported were granted pursuant to the Issuer's 1996 Equity Incentive Plan. 243 shares were fully vested on the date of grant, and the remaining 242 shares vest on the last day of the Reporting Person's one-year term as director of the Issuer. The shares were awarded by the Compensation Committee upon the Reporting Person's re-election as a director of the Company and upon the satisfaction of certain conditions relating to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, which were satisfied in full on the business day prior to the grant date reported herein.
Key Figures
Key Terms
1996 Equity Incentive Plan financial
Compensation Committee financial
Hart-Scott-Rodino Antitrust Improvements Act of 1976 regulatory
vesting financial
FAQ
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What insider transaction did LAMR director Anna Reilly report on this Form 4?
Why was Anna Reilly’s LAMR equity award tied to Hart-Scott-Rodino conditions?
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