LeMaitre Vascular (LMAT) director receives shares from 12/12/2022 equity awards
Rhea-AI Filing Summary
A LeMaitre Vascular director reported automatic share acquisitions tied to existing equity awards. On 12/12/2025, dividend equivalent rights linked to stock awards converted into common shares at an exercise price of $0, with the transactions coded as exercises (code M). The director received 5 shares from dividend equivalent rights associated with a restricted stock unit award granted on 12/12/2022 and another 5 shares from rights linked to a performance stock unit award granted on the same date. Fractional shares from these rights, if any, were settled in cash, leaving a remaining balance of 0 dividend equivalent rights.
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FAQ
What insider stock transaction did LeMaitre Vascular (LMAT) report?
A LeMaitre Vascular director reported the exercise (code M) of dividend equivalent rights on 12/12/2025, receiving common shares at an exercise price of $0.
When did the underlying equity awards for LMAT’s dividend equivalent rights originate?
The dividend equivalent rights released on 12/12/2025 were tied to a restricted stock unit award and a performance stock unit award, each originally granted on 12/12/2022.
How many LeMaitre Vascular shares were tied to each set of dividend equivalent rights?
Each set of dividend equivalent rights corresponded to 5 shares of LeMaitre Vascular common stock, as shown in the underlying security amounts in Table II.
What is a dividend equivalent right in the context of LMAT’s director awards?
Each dividend equivalent right is described as the economic equivalent of one share of LeMaitre Vascular common stock and converts into a share when the related award vests.
At what price were the LMAT shares from dividend equivalent rights acquired?
The common shares received upon release of the dividend equivalent rights were acquired at an exercise price of $0, as indicated in both tables.
What happened to any fractional LMAT dividend equivalent rights balances?
The filing states that fractional shares, if any, were settled in cash on each vesting date, resulting in a final balance of 0 dividend equivalent rights.