MP Materials director granted 3,038 RSUs
DUCKWORTH CONNIE K reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
DUCKWORTH CONNIE K reported acquisition or exercise transactions in this Form 4 filing.
MP Materials director Connie K. Duckworth received a grant of 3,038 restricted stock units, each representing one share of Class A common stock. The RSUs vest on the earlier of June 15, 2027 or the next annual stockholder meeting, and fully accelerate upon certain change in control, death, or disability events.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,038 | $0.00 | $0.00 |
Footnotes (1)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of MP Materials Corp. ("Issuer") Class A common stock. These RSUs vest on the earlier of: (i) June 15, 2027; and (ii) the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date, and settled upon the earlier to occur of (x) June 15th following the fifth anniversary of the vesting date; (y) a "change in control event" within the meaning of Section 409A of the Internal Revenue Code; and (z) the date of the director's separation from service. These RSUs fully vest upon a change in control of the Issuer or the director's termination of service due to death or disability.
Key Figures
Key Terms
Restricted Stock Units financial
Class A common stock financial
change in control event financial
Section 409A of the Internal Revenue Code financial
separation from service financial
FAQ
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What insider transaction did MP (MP Materials) report for Connie K. Duckworth?
How many restricted stock units were granted to the MP director in this Form 4?
When do Connie K. Duckworth’s MP restricted stock units vest?
Under what circumstances do the MP restricted stock units fully vest early?
What type of security underlies the MP restricted stock units granted?
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