N-able EVP granted 80,000 restricted stock units
N-able, Inc. reported that EVP and Chief People Officer Kathleen Pai acquired 80,000 shares of common stock through a grant of restricted stock units at a price of $0.00 per share under the 2021 Equity Incentive Plan.
Rhea-AI Filing Summary
N-able, Inc. reported that EVP and Chief People Officer Kathleen Pai acquired 80,000 shares of common stock through a grant of restricted stock units at a price of $0.00 per share under the 2021 Equity Incentive Plan. Each restricted stock unit entitles her to receive one share of common stock upon vesting. The units vest 25% on the anniversary of February 15, 2026 and 6.25% per quarter over the following twelve quarters on May 15, August 15, November 15 and February 15, subject to her continued service. Following this award, she directly holds 624,097 shares of N-able common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share | 80,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units awarded pursuant to the issuer's 2021 Equity Incentive Plan that entitle the reporting person to receive one share of the issuer's common stock per restricted stock unit upon vesting. The restricted stock units vest 25% on the anniversary of February 15, 2026 and 6.25% per quarter over the following twelve quarters on the respective quarterly vesting dates of May 15, August 15, November 15 and February 15, subject to continued service through each applicable date.
FAQ
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What did N-able (NABL) EVP Kathleen Pai report on this Form 4?
What is the vesting schedule for Kathleen Pai’s 80,000 N-able (NABL) restricted stock units?
Under which plan were Kathleen Pai’s N-able (NABL) restricted stock units granted?
Did Kathleen Pai pay cash for the 80,000 N-able (NABL) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.