Lixte director granted 15,000 RSUs
Holloway Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Holloway Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Lixte Biotechnology Holdings director Michael Andrew Holloway received an equity award of 15,000 restricted share units (RSUs). The RSUs were granted under the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan and an applicable RSU agreement.
Each RSU represents a contingent right to receive one share of common stock upon vesting, subject to continued service. The 15,000 RSUs vested after the performance conditions in his RSU agreement were satisfied. Following this award, the total reported in his holdings is 40,000 RSUs, consisting of the 15,000 new RSUs and 25,000 previously granted RSUs, all of which have vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 15,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. The reported transaction involved the Reporting Person's receipt of 15,000 restricted share units ("RSUs"). The RSUs were granted pursuant to the applicable RSU agreement and the Lixte Biotechnology Holdings, Inc. 2020 Stock Incentive Plan. Each RSU represents a contingent right to receive one share of common stock upon vesting, subject to continued service. The 15,000 RSUs vested upon the achievement of the performance conditions set forth in the Reporting Person's RSU agreement, which have been satisfied.
- F2. The total reported in Column 5 includes (i) the 15,000 newly awarded RSUs, and (ii) 25,000 RSUs, all of which have vested.
Key Figures
Key Terms
2020 Stock Incentive Plan financial
performance conditions financial
FAQ
What insider transaction did LIXT director Michael Andrew Holloway report?
What are the key terms of Michael Andrew Holloway’s 15,000 LIXT RSU award?
Were performance conditions involved in Michael Andrew Holloway’s LIXT RSU vesting?
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