Myomo grants commercial chief 275,000 stock units
The award's vesting schedule runs from the six-month anniversary through the third anniversary of the grant date.
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Rhea-AI Filing Summary
MYOMO, INC. (MYO) reported a 275,000-unit restricted stock unit (RSU) grant to Mary-Katherine Hale McClure, identified as Chief Commericial Officer. The Compensation Committee approved the award as an inducement grant. Vesting is scheduled in installments from the six-month anniversary through the third anniversary of the grant date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 275,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents a grant of Restricted Stock Units ("RSU's") under an inducement grant approved by the Compensation Committee of the Board of Directors in reliance of an exception granted under Section 711 of the NYSE Amercian Company Guide. 100,000 of these RSU's shall vest on the six-month anniversary of the grant date, 25,000 shall vest on the one year anniversary of the grant date, 125,000 shall vest on the second anniversary of the grant date and the remainder on the third anniversary of the grant date.
Key Figures
Key Terms
Restricted Stock Units financial
inducement grant financial
Section 711 of the NYSE American Company Guide regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How many MYO RSUs did Mary-Katherine Hale McClure receive?
What is the vesting schedule for the MYO RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.