Melco Resorts grants 111,735 shares to accounting chief
Kuzdowicz Amy L. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kuzdowicz Amy L. reported acquisition or exercise transactions in this Form 4 filing.
Melco Resorts & Entertainment LTD reported that Principal Accounting Officer Amy L. Kuzdowicz received a grant of 111,735 ordinary shares as restricted shares under the company's 2021 Share Incentive Plan. These shares were granted at no cash price and increase her direct holdings to 329,337 ordinary shares following the award.
According to the grant terms, one-third of the restricted shares vest 12 months from the grant date, another third vest after 24 months, and the final third after 36 months. Vesting is conditioned in part on her continued service with the company through each applicable vesting date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary shares | 111,735 | $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
Principal Accounting Officer financial
FAQ
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What did Melco Resorts (MLCO) disclose in this Form 4 filing?
What is Amy L. Kuzdowicz’s total Melco Resorts (MLCO) holding after this grant?
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