Legence GC receives stock options and RSUs
Legence Corp. General Counsel & Secretary Seki Bryce received new equity awards as part of compensation.
Rhea-AI Filing Summary
Legence Corp. General Counsel & Secretary Seki Bryce received new equity awards as part of compensation. On the award date, Bryce was granted 4,393 shares of Class A common stock in the form of restricted stock units and 8,123 employee stock options with an exercise price of $50.90 per share.
The restricted stock units each convert into one share of Class A common stock and vest in three substantially equal installments on the first, second, and third anniversaries of the grant, subject to continued employment. The options vest on the same three-year schedule and expire on the tenth anniversary of the grant date. Following these awards, Bryce directly holds 12,429 shares of Class A common stock and 8,123 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Options | 8,123 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 4,393 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported securities represent an award of Restricted Stock Units, which each entitle the reporting person to receive, at vesting, one share of Legence Corp.'s Class A common stock, par value $0.01 per share. The Restricted Stock Units vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date.
- F2. The options will vest in three substantially equal installments on each of the first, second and third anniversaries of the date of the award, subject generally to continued employment through the applicable vesting date. The options expire on the tenth anniversary of the date of the award.
FAQ
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