Microsoft director awarded new restricted stock units
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 S. Pritzker received a compensation-related equity award in the form of restricted stock units. She was granted 31.743 restricted stock units, each representing a contingent right to receive one share of Microsoft common stock. These units are fully vested and accrue dividend equivalents when dividends are paid.
Delivery of the underlying Microsoft shares to Pritzker will occur 30 days after her separation from service on the Board of Directors. Following this award, she directly holds 14,050.154 restricted stock units and also has an indirect holding of 12,000 shares of common stock through a trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 31.743 | $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.
FAQ
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What did Microsoft (MSFT) director Penny Pritzker acquire in this Form 4 filing?
How do the restricted stock units granted to Penny Pritzker at Microsoft (MSFT) work?
How many Microsoft (MSFT) restricted stock units does Penny Pritzker hold after this transaction?
Do the restricted stock units granted to Penny Pritzker at Microsoft (MSFT) pay dividends?
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