Lifecore legal chief granted 30,000 RSUs
Lifecore Biomedical’s Chief Legal & Administration officer, Thomas D. Salus, was granted an equity award reported as 30,000 shares of common stock at a price of $0.00 per share.
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Rhea-AI Filing Summary
Lifecore Biomedical’s Chief Legal & Administration officer, Thomas D. Salus, was granted an equity award reported as 30,000 shares of common stock at a price of $0.00 per share. This represents a grant, award, or other acquisition rather than an open-market purchase.
Footnotes explain that the award consists of restricted stock units that convert into common stock of Lifecore Biomedical, Inc. on a 1-for-1 basis. These restricted stock units will vest on the third anniversary of the grant date. Following this award, Salus directly holds 270,978 shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The restricted stock units convert into common stock of Lifecore Biomedical, Inc. on a 1 for 1 basis.
- F2. Restricted Stock Units will vest on the 3rd anniversary of the grant date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Lifecore Biomedical (LFCR) report for Thomas D. Salus?
What type of equity did Thomas D. Salus receive from Lifecore Biomedical (LFCR)?
When will the restricted stock units granted to Thomas D. Salus at Lifecore Biomedical (LFCR) vest?
Was the Lifecore Biomedical (LFCR) Form 4 transaction a purchase or a grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.