Magnolia Oil & Gas director granted 8,028 RSUs
SMITH DAN F reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
SMITH DAN F reported acquisition or exercise transactions in this Form 4 filing.
Magnolia Oil & Gas Corp director Dan F. Smith received a grant of 8,028 restricted stock units (RSUs) of Class A common stock as equity compensation. The award was made at a stated price of $0.00 per share and increases his directly held position to 127,232 shares.
Each RSU represents the right to receive one share of Class A common stock. The RSUs will vest on the earlier of the day before the company’s next annual shareholder meeting at which directors are elected, or the first anniversary of the grant date, as long as he continues to serve as a director through that vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,028 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"). The RSUs will vest on the earlier of (a) the day preceding the next annual meeting of stockholders of the Company at which directors are elected, or (b) the first anniversary of the grant date, in each case, subject to the director's continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
Long Term Incentive Plan financial
Class A common stock financial
vesting date financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Magnolia Oil & Gas (MGY) director Dan F. Smith receive in this Form 4?
What are the vesting terms of Dan F. Smith’s new Magnolia Oil & Gas (MGY) RSUs?
Does Dan F. Smith pay for the Magnolia Oil & Gas (MGY) RSUs granted in this filing?
What plan governs the RSU grant to Magnolia Oil & Gas (MGY) director Dan F. Smith?
AI-generated analysis. How Rhea-AI works. Not financial advice.