908 Devices director exercises 6,486 RSUs
908 Devices Inc. director Michele M. Leonhart exercised restricted stock units into common shares as part of equity compensation.
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Rhea-AI Filing Summary
908 Devices Inc. director Michele M. Leonhart exercised restricted stock units into common shares as part of equity compensation. She acquired 6,486 shares of common stock through the conversion of 6,486 restricted stock units at a stated price of $0.00 per share.
Following the transaction, Leonhart directly holds 27,054 shares of common stock. The restricted stock units underlying this exercise vest in substantially equal annual installments over three years starting June 25, 2024, with prorated vesting if service ends earlier, and represent the right to receive one share of common stock per unit when vested.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 6,486 | $0.00 | $0.00 |
| Exercise | Common Stock | 6,486 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Common Stock, par value $0.001, when vested.
- F2. The RSUs become vested in substantially equal annual installments over the 3 years following June 25, 2024, subject to the reporting person's continued service through the applicable vesting date, provided that, if the reporting person terminates their service for any reason, then a prorated number of RSUs will vest. The RSUs have no expiration date.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vested financial
derivative security financial
substantially equal annual installments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did 908 Devices (MASS) report for Michele M. Leonhart?
What are the terms of the 908 Devices (MASS) restricted stock units in this filing?
Over what period do Michele M. Leonhart’s 908 Devices RSUs vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.