Mueller Water EVP awarded options and RSUs
Floyd Scott P. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Floyd Scott P. reported acquisition or exercise transactions in this Form 4 filing.
Mueller Water Products EVP & Chief Commercial Officer Floyd Scott P. reported equity awards structured as long-term incentives. He received a grant of 2,979 stock options with a right to buy common shares, and 1,056 restricted stock units.
The restricted stock units each represent one share of common stock and will lapse in three equal annual installments starting on the first anniversary of the grant date. The stock options will also vest in three equal annual installments on each anniversary of the grant date, aligning his compensation with multi-year company performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,979 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 1,056 | $0.00 | $0.00 |
Footnotes (2)
- F1. Acquisition is pursuant to grant of restricted stock units under the Mueller Water Products, Inc. Third Amended and Restated 2006 Stock Incentive Plan. Each restricted stock unit represents a contingent right to receive one (1) share of Mueller Water Products, Inc. Common Stock when the restrictions lapse. The lapse occurs in three (3) equal, annual installments beginning on the first anniversary of the grant date.
- F2. The stock options will vest in three (3) equal, annual installments on the anniversary of the grant date.
FAQ
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What insider transactions did Mueller Water Products (MWA) report for Floyd Scott P.?
How many restricted stock units were granted to the MWA executive in this Form 4?
What are the vesting terms for Floyd Scott P.’s restricted stock units at Mueller Water Products (MWA)?
What are the vesting terms for the stock options granted to the Mueller Water Products (MWA) executive?
What type of securities were granted to the MWA EVP & Chief Commercial Officer in this filing?
Under which plan were the Mueller Water Products (MWA) restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.