LENSAR (LNSR) director Gary Winer receives 17,421 RSU equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Winer Gary M reported acquisition or exercise transactions in this Form 4 filing.
LENSAR, Inc. director Gary M. Winer received an equity award of 17,421 restricted stock units, each representing one share of common stock. These RSUs vest in full on June 3, 2027, subject to his continued service, and bring his direct holdings to 105,635 shares. The award was granted as part of the company’s non-employee director compensation program and will be settled upon vesting or earlier upon certain events such as a change in control, death, disability, or termination of service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Winer Gary M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,421 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 105,635 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 17,421 units
Price per RSU: $0.00 per share
Holdings after grant: 105,635 shares
+1 more
4 metrics
RSUs granted
17,421 units
Restricted stock unit award to director Gary M. Winer
Price per RSU
$0.00 per share
Stock-based compensation, no cash purchase price
Holdings after grant
105,635 shares
Total direct beneficial ownership following RSU award
RSU vesting date
June 3, 2027
Full vesting date subject to continued service
Key Terms
restricted stock units, change in control, non-employee director compensation program
3 terms
restricted stock units financial
"Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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
"granted in accordance with the Issuer's non-employee director compensation program as a component of the Reporting Person's annual compensation"
FAQ
What insider transaction did LENSAR (LNSR) report for Gary M. Winer?
LENSAR reported that director Gary M. Winer received 17,421 restricted stock units as an equity award. Each RSU represents one share of common stock granted as part of the non-employee director compensation program.
When do Gary M. Winer’s new LENSAR (LNSR) RSUs vest?
Gary M. Winer’s 17,421 restricted stock units vest in full on June 3, 2027. Vesting is contingent on his continued service to LENSAR through that date, unless certain events like death, disability, or change in control occur earlier.
Was there a purchase price for Gary M. Winer’s LENSAR (LNSR) RSU award?
No cash purchase price is shown for this RSU grant; the Form 4 lists a price per share of $0.00. The award represents stock-based compensation provided under LENSAR’s non-employee director compensation program.
Under what conditions will Gary M. Winer’s LENSAR (LNSR) RSUs be settled?
The RSUs will be settled in shares upon the earliest of his termination of service, a change in control of LENSAR, or his death or disability, provided vesting conditions under the compensation program are satisfied.