LENSAR director granted 17,421 RSUs
LINDSTROM RICHARD L MD reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
LINDSTROM RICHARD L MD reported acquisition or exercise transactions in this Form 4 filing.
LENSAR, Inc. reported that director Richard L. Lindstrom, MD received a grant of 17,421 restricted stock units (RSUs) of common stock as part of his annual non-employee director compensation. Each RSU represents one share of common stock and was granted at no cash purchase price.
The RSUs vest in full on June 3, 2027, if he continues to provide service to the company through that date. They will be settled in shares upon the earliest of his service termination, a change in control of the company, or his death or disability. Following this award, he holds 263,831 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,421 | $0.00 | $0.00 |
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
Key Terms
restricted stock units ("RSUs") financial
change in control financial
non-employee director compensation program financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did LENSAR (LNSR) disclose for Richard L. Lindstrom, MD?
At what price were the RSUs granted to the LENSAR (LNSR) director?
When do the newly granted LENSAR (LNSR) RSUs vest for the director?
Why did LENSAR (LNSR) grant RSUs to its non-employee director?
What events can accelerate settlement of the LENSAR (LNSR) RSUs?
AI-generated analysis. How Rhea-AI works. Not financial advice.