Microsoft director receives 33 RSUs in new filing
PRITZKER PENNY S reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
PRITZKER PENNY S reported acquisition or exercise transactions in this Form 4 filing.
Microsoft director Penny Pritzker reported updated equity holdings. The Form 4 shows a grant of 33.314 restricted stock units, each representing a right to receive one share of Microsoft common stock. After this award, she holds 14,323.467 restricted stock units directly and 12,000 shares of common stock indirectly through a trust.
The restricted stock units are fully vested, but the actual delivery of the underlying shares will occur 30 days after her separation from service on the Board of Directors. Dividend equivalent rights accrue on these units when dividends are paid on Microsoft common stock and become exercisable proportionately with the related restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 33.314 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of Microsoft common stock.
- F2. Dividend equivalent rights accrue when and as dividends are paid on the Company's common stock and become exercisable proportionately with the restricted stock units to which they relate.
- F3. The restricted stock units are fully vested. Delivery of the shares to the reporting person will be made 30 days after the date of the reporting person's separation from service to the Board of Directors.
Key Figures
Key Terms
Restricted Stock Units financial
dividend equivalent rights financial
separation from service financial
indirect ownership financial
FAQ
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What did Penny Pritzker report in the latest Microsoft (MSFT) Form 4?
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Do Penny Pritzker’s Microsoft restricted stock units earn dividend equivalents?
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