Melco Resorts director granted 97,767 shares
TSUI YIU WA ALEC reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
TSUI YIU WA ALEC reported acquisition or exercise transactions in this Form 4 filing.
Melco Resorts & Entertainment LTD director Alec Tsui received a grant of 97,767 restricted ordinary shares as equity compensation at $0.00 per share. These shares were granted under the company’s 2021 Share Incentive Plan and vest in three equal installments after 12, 24, and 36 months, subject to continued service. Following this award, he directly holds 682,862 ordinary shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 97,767 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted shares granted to the Reporting Person pursuant to the Company's 2021 Share Incentive Plan, which are delivered on vesting of the shares. Of such shares, one-third vest 12 months from the grant date, one-third vest 24 months from the grant date, and one-third vest 36 months from the grant date, conditioned on, inter alia, continued service through the applicable vesting date.
Key Figures
Key Terms
vesting financial
grant date financial
continued service financial
FAQ
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What did Melco Resorts (MLCO) director Alec Tsui report on this Form 4?
Is the Melco Resorts (MLCO) Form 4 transaction a stock purchase or sale?
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