Melco legal chief granted 336,888 MLCO shares
WINTER GRAHAM PAUL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
WINTER GRAHAM PAUL reported acquisition or exercise transactions in this Form 4 filing.
Melco Resorts & Entertainment LTD reported that Chief Legal Officer Graham Paul Winter received a grant of 336,888 ordinary shares as an equity award. These are restricted shares granted under the company’s 2021 Share Incentive Plan and are delivered only as they vest.
According to the filing, one-third of the granted shares vest 12 months from the grant date, another third vest after 24 months, and the final third after 36 months, subject to continued service and other conditions. Following this award, Winter holds 908,094 ordinary shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 336,888 | $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) report in this Form 4 for Graham Paul Winter?
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