Loma Negra (NYSE: LOMA) executive discloses performance units, options and RSUs
Rhea-AI Filing Summary
Loma Negra Compania Industrial Argentina Sociedad Anonima executive Gerardo Oscar Diez, Commercial & Concrete Director, reports his initial equity-linked holdings. He holds performance stock units tied to 23,929 underlying ordinary shares, phantom stock options linked to 52,285 underlying ordinary shares, and restricted stock units linked to 15,099 underlying ordinary shares.
He also directly holds 10,714 Loma Negra ADSs, each ADS representing five ordinary shares. The performance stock units and restricted stock units provide the economic equivalent of ordinary shares and may be settled in ordinary shares, ADSs, or cash at the company’s discretion, subject to vesting conditions. The phantom stock options, granted under the 2017 Phantom Stock Option Program, are fully vested and exercisable quarterly at an exercise price of US$3.80 per ordinary share, contingent on continued employment.
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FAQ
What does Loma Negra (LOMA) disclose in this Form 3 for Gerardo Oscar Diez?
How many Loma Negra (LOMA) ordinary shares underlie Gerardo Diez’s performance stock units?
What are the key terms of Gerardo Diez’s phantom stock options at Loma Negra (LOMA)?
How are restricted stock units structured for Loma Negra (LOMA) executive Gerardo Diez?
What does one Loma Negra (LOMA) ADS represent in ordinary shares for Gerardo Diez’s holdings?
How is total shareholder return (TSR) used in Loma Negra (LOMA) performance stock units?