El Pollo Loco CEO granted new stock awards
El Pollo Loco Holdings, Inc. reported that Chief Executive Officer Elizabeth Goodman Williams received new equity awards.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-Qualified Stock Options | 116,911 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 53,804 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What equity awards did El Pollo Loco (LOCO) CEO receive in this Form 4?
How do the new El Pollo Loco (LOCO) CEO stock options vest?
What is the exercise price of the El Pollo Loco (LOCO) CEO’s new stock options?
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