MercadoLibre (MELI) director receives 94-share stock award and updates holdings
Rhea-AI Filing Summary
Lawson Martin R reported acquisition or exercise transactions in this Form 4 filing.
MercadoLibre Inc. director Lawson Martin R reported a stock-based compensation award rather than a market trade. He received 94 shares of common stock at no cost, subject to forfeiture and transfer restrictions until the next annual meeting of shareholders following the grant date.
After this award, he holds 4,230 shares directly, which include 559 restricted shares and 3,671 unrestricted common shares, and 1,769 shares indirectly through Fullerton Development Co. According to the vesting terms, 465 restricted shares will vest in two substantially equal installments on the next two anniversaries of the July 1, 2022 grant date, provided he continues to meet the award conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 94 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Represents 94 shares of stock, subject to forfeiture and transfer restrictions until the next annual meeting of the shareholders of MercadoLibre, Inc. following the transaction date.
- F2. Represents 559 shares of common stock subject to forfeiture and transfer restrictions ("Restricted Stock") and 3,671 shares of common stock. 465 shares of Retricted Stock will vest in two substantially equal installments on each of the next two anniversaries of the grant date, July 1, 2022, subject to the Reporting Person's continued compliance with the terms of the Restricted Stock award agreement.
Key Figures
Key Terms
Restricted Stock financial
forfeiture and transfer restrictions financial
grant, award, or other acquisition financial
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