NICE CEO discloses initial shareholdings
NICE Ltd. Chief Executive Officer Russell Scott Edward reported his initial ownership in the company.
Rhea-AI Filing Summary
NICE Ltd. Chief Executive Officer Russell Scott Edward reported his initial ownership in the company. He directly holds 65,989 Ordinary Shares and has Performance Share Units linked to 27,500 underlying Ordinary Shares.
Footnotes add that his equity awards include 33,000 restricted stock units and 16,500 performance stock units, each representing a contingent right to receive one Ordinary Share, vesting under their award terms. Certain performance share units are eligible to vest over a three-year period ending January 1, 2028 based on specified stock price performance thresholds.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Share Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (2)
- F1. Includes (i) 33,000 restricted stock units (?RSUs?), which vest in accordance with the terms of the applicable awards; and (ii) 16,500 performance stock units (?PSUs?), which vest in accordance with the terms of the applicable awards. Each RSU and PSU represents a contingent right to receive one Ordinary Share.
- F2. Each Performance Share Unit represents a contingent right to receive one Ordinary Share of the Issuer. The Performance Share Units are eligible to vest over a three-year performance period ending January 1, 2028, subject to adjustments in accordance with the terms of the awards, based upon the Issuer?s achievement of specified stock price performance thresholds.
FAQ
What did NICE (NCSYF) CEO Russell Scott Edward disclose in this Form 3?
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