El Pollo Loco (LOCO) CEO receives new option and stock grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
El Pollo Loco Holdings, Inc. reported that Chief Executive Officer Elizabeth Goodman Williams received new equity awards. She was granted non-qualified stock options for 116,911 shares of common stock at an exercise price of 13.3200 per share, vesting in three equal installments on each of the first three anniversaries of the grant date.
She also received a restricted stock award of 53,804 common shares, which will vest in three equal annual installments on the same schedule. Following this grant, she directly holds 258,614 shares of common stock. These awards represent compensation rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Williams Elizabeth Goodman
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options | 116,911 | $0.00 | -- |
| Grant/Award | Common Stock | 53,804 | $0.00 | -- |
Holdings After Transaction:
Non-Qualified Stock Options — 116,911 shares (Direct);
Common Stock — 258,614 shares (Direct)
Footnotes (1)
- Represents shares of common stock underlying a restricted stock award granted under the Equity Incentive Plan, vesting in three equal installments on each of the first three anniversaries of the date of grant. Granted by a nonqualified stock option agreement under the Equity Incentive Plan, vesting and becoming exercisable in three equal installments on each of the first three anniversaries of the date of grant.
FAQ
What equity awards did El Pollo Loco (LOCO) CEO receive in this Form 4?
The CEO received two equity awards: 116,911 non-qualified stock options and 53,804 restricted shares. Both grants were made as compensation and not through open-market purchases or sales.
How do the new El Pollo Loco (LOCO) CEO stock options vest?
The 116,911 non-qualified stock options vest in three equal installments. Each installment becomes exercisable on the first, second, and third anniversaries of the grant date under the company’s Equity Incentive Plan.
What is the exercise price of the El Pollo Loco (LOCO) CEO’s new stock options?
The newly granted non-qualified stock options have an exercise price of 13.3200 per share. This is the price at which the CEO can purchase common stock once each portion of the grant has vested and become exercisable.