Lantheus (NASDAQ: LNTH) CCO logs PSU vesting, tax withholding
Rhea-AI Filing Summary
Lantheus Holdings Chief Commercial Officer Amanda Michelle Morgan reported performance-based stock vesting and related tax share withholding. She acquired 2,782 shares of common stock at no cost from relative total shareholder return PSUs that vested above target. According to the footnote, these PSUs ultimately vested at 162.8% of the target number of shares, so this grant represents the additional shares above the original target previously reported.
On the same date, 3,336 shares of common stock were disposed of at $76.30 per share in a tax-withholding transaction to cover obligations arising from the vesting, rather than an open-market sale. After these transactions, Morgan directly holds 38,540 shares of Lantheus common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,782 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,336 | $76.30 | $255K |
Footnotes (1)
- F1. The transaction reported in this Form 4 reflects additional shares of common stock issued by Lantheus Holdings, Inc. to the reporting person upon the vesting of relative Total Shareholder Return performance-based restricted stock units ("PSUs") that were previously granted and included in the Form 3 filed upon the reporting person becoming a Section 16 officer. The number of shares reported in the Form 3 reflected 100% of the target number of shares underlying the PSUs. The number of shares that actually vested under the PSUs equaled 162.8% of the target number of shares. Accordingly, the number of shares reported in this Form 4 reflects the difference between the number of shares that actually vested under the PSUs and the target number of shares originally included in the Form 3.
FAQ
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