Motorsport Games grants CFO RSUs and PSUs
Hansen-Chambers Peter reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hansen-Chambers Peter reported acquisition or exercise transactions in this Form 4 filing.
Motorsport Games Inc. reported that Chief Financial Officer Peter Hansen-Chambers received two equity grants of Class A Common Stock units on July 30, 2026: 12,500 time-based restricted stock units and 12,500 performance-based restricted stock units. The time-based RSUs vest in three tranches tied to anniversaries of the grant date and any Change of Control, while the performance-based units are earned based on total shareholder return over a three-year performance period and vest at its end, subject to continued service or earlier Change of Control conditions.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 12,500 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 12,500 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Class A Common Stock. The RSUs vest (i) 4,133 shares on the first anniversary of the date of grant, (ii) 4,133 shares on the earlier of a Change of Control (as defined in the Amended and Restated 2021 Equity Incentive Plan) and the second anniversary of the date of grant, and (iii) 4,134 shares on the earlier of a Change of Control and the first anniversary of the date of grant.
- F2. Represents 12,500 performance-based restricted stock units ("PSUs") granted under the Plan. The number of PSUs earned is based on the Company's total shareholder return measured over a three-year performance period, with one-third of the target PSUs measured with respect to each of Year 1, Year 2, and Year 3. Any earned PSUs remain subject to a service-based vesting condition and do not vest until the end of the three-year performance period, subject to Mr. Hansen-Chambers' continued employment through such date, or earlier upon a Change of -Control, subject to his continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
performance-based restricted stock units ("PSUs") financial
Change of Control financial
service-based vesting condition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity awards did MSGM grant to its CFO Peter Hansen-Chambers?
How do the time-based RSUs granted to MSGM’s CFO vest?
What performance conditions apply to the PSUs granted by MSGM to its CFO?
When do the earned PSUs for MSGM’s CFO actually vest?
Does this MSGM Form 4 show any stock sales or purchases on the market?
Are the new MSGM equity awards to the CFO contingent on his continued employment?
AI-generated analysis. How Rhea-AI works. Not financial advice.