MacroGenics director’s 52,829 RSUs vest and convert
MACROGENICS INC director Scott Koenig reported the vesting and conversion of restricted stock units (RSUs) into common shares.
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Rhea-AI Filing Summary
MACROGENICS INC director Scott Koenig reported the vesting and conversion of restricted stock units (RSUs) into common shares. On 2025-08-13, a total of 52,829 RSUs (21,165 and 31,664 units) were exercised or converted into 52,829 shares of common stock at a stated price of $0.00 per share.
According to a Separation and Consulting Agreement between the company and Koenig, 50% of each outstanding and unvested RSU immediately vested, and the vested shares are to be delivered to him as soon as practicable after the vesting date. Each RSU represents a contingent right to receive one common share.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 21,165 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 31,664 | $0.00 | $0.00 |
| Exercise | Common Stock | 21,165 | $0.00 | $0.00 |
| Exercise | Common Stock | 31,664 | $0.00 | $0.00 |
Footnotes (2)
- F1. Pursuant to the Separation and Consulting Agreement between the Company and the Reporting Person (the "Separation Agreement"), 50% of the shares with respect to each outstanding and unvested restricted stock unit (RSU) immediately vested. Vested shares will be delivered to the Reporting Person as soon as practicable after the date of vesting.
- F2. Each restricted stock unit (RSU) represents a contingent right to receive one share of the Issuer's common stock.
Key Figures
Key Terms
Restricted Stock Unit financial
Separation and Consulting Agreement financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MacroGenics (MGNX) insider Scott Koenig report in this Form 4?
How many MacroGenics (MGNX) RSUs vested for Scott Koenig on 2025-08-13?
What agreement governed Scott Koenig’s RSU vesting at MacroGenics (MGNX)?
Did MacroGenics (MGNX) report a cash exercise price for Koenig’s RSU conversion?
AI-generated analysis. How Rhea-AI works. Not financial advice.