LENSAR director receives 17,421 RSU equity grant
O'Farrell Elizabeth G. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
O'Farrell Elizabeth G. reported acquisition or exercise transactions in this Form 4 filing.
LENSAR, Inc. director Elizabeth G. O'Farrell received an equity grant of 17,421 restricted stock units of common stock as part of her annual non-employee director compensation. Each RSU represents one share of common stock and vests in full on June 3, 2027, subject to her continued service to the company.
The RSUs will be settled upon the earliest of her termination of service, a change in control of the company, or her death or disability. Following this grant, she holds 67,368 shares of common stock directly.
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Insider Trade Summary
Grant/Award: 17,421 shares
Grant/Award
1 txn
Insider
O'Farrell Elizabeth G.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,421 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 67,368 shares (Direct)
Footnotes (1)
- F1. Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of LENSAR, Inc. common stock. The RSUs vest in full on June 3, 2027, subject to the Reporting Person's continued service to the Issuer through the vesting date, and will be settled upon the earliest to occur of (a) the Reporting Person's termination of service, (b) a change in control of the Company, or (c) the Reporting Person's death or disability. The RSUs were granted in accordance with the Issuer's non-employee director compensation program as a component of the Reporting Person's annual compensation for service to the Issuer.
Key Figures
RSU grant size: 17,421 RSUs
Post-grant holdings: 67,368 shares
Vesting date: June 3, 2027
+1 more
4 metrics
RSU grant size
17,421 RSUs
Equity award to director Elizabeth G. O'Farrell
Post-grant holdings
67,368 shares
Total common stock held directly after transaction
Vesting date
June 3, 2027
RSUs vest in full on this date, subject to continued service
Grant price per share
$0.0000 per share
Compensation-related RSU award, not a market purchase
Key Terms
restricted stock units ("RSUs"), change in control, non-employee director compensation program
3 terms
restricted stock units ("RSUs") financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
change in control financial
"will be settled upon the earliest to occur of (a) the Reporting Person's termination of service, (b) a change in control of the Company"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
non-employee director compensation program financial
"The RSUs were granted in accordance with the Issuer's non-employee director compensation program as a component of the Reporting Person's annual compensation"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LENSAR (LNSR) report for Elizabeth G. O'Farrell?
LENSAR reported that director Elizabeth G. O'Farrell received 17,421 restricted stock units of common stock. The grant was part of the company’s non-employee director compensation program and increased her direct holdings to 67,368 shares after the award.
When do Elizabeth G. O'Farrell’s LENSAR RSUs from this grant vest?
The 17,421 restricted stock units granted to Elizabeth G. O'Farrell vest in full on June 3, 2027. Vesting is contingent on her continued service to LENSAR through that date, so she must remain a director until then for full vesting.
Under what conditions will the new LNSR RSUs for Elizabeth G. O'Farrell be settled?
The RSUs will be settled upon the earliest of four events: her termination of service, a change in control of LENSAR, her death, or disability. Each RSU then converts into one share of LENSAR common stock at settlement.
How were the LNSR RSUs for Elizabeth G. O'Farrell priced in the latest award?
The Form 4 lists the transaction price per share as $0.0000, reflecting a compensation-related equity grant rather than a market purchase. These restricted stock units are part of LENSAR’s non-employee director compensation program, not an open-market transaction.
What program governs Elizabeth G. O'Farrell’s new LNSR RSU grant?
The RSUs were granted under LENSAR’s non-employee director compensation program. This program provides equity awards as a component of annual compensation for directors who are not company employees, aligning their interests with shareholders through stock-based pay.
AI-generated analysis. How Rhea-AI works. Not financial advice.
