MIMEDX (MDXG) General Counsel receives new stock and option awards
Rhea-AI Filing Summary
Hulse William Frank IV reported acquisition or exercise transactions in this Form 4 filing.
MIMEDX GROUP, INC. General Counsel and Chief Administrative Officer William Frank Hulse IV reported equity awards on Common Stock and Stock Options. These are classified as grants or awards rather than open‑market purchases or sales.
The filing shows an award of 74,987 shares of Common Stock at a price per share of $0.0000, bringing his directly held Common Stock to 488,536 shares. According to the footnotes, this represents restricted stock that vests fully on the third anniversary of the grant, subject to his continued employment under the Restricted Stock Unit Agreement.
He also received Stock Options covering 62,758 shares at a price per share of $0.0000, increasing his directly held options to 171,190. The options vest 25% on each anniversary of the grant date, conditioned on his continued employment as described in the Nonqualified Stock Option Agreement.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Options | 62,758 | $0.00 | -- |
| Grant/Award | Common Stock | 74,987 | $0.00 | -- |
Footnotes (1)
- Represents grant of restricted stock which vests fully on the third anniversary of the grant, subject to the reporting person's continued employment as specified in the Restricted Stock Unit Agreement. The options granted to the reporting person shall vest 25% on each anniversary of the grant date, subject to the reporting person's continued employment as specified in the Nonqualified Stock Option Agreement..