NGS director granted 3,009 restricted stock units
JACKSON JOHN EARL reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
JACKSON JOHN EARL reported acquisition or exercise transactions in this Form 4 filing.
NATURAL GAS SERVICES GROUP INC director John Earl Jackson received a grant of 3,009 Restricted Stock Units (RSUs). These RSUs were awarded at no cash cost to him as equity compensation and each RSU represents one share of the company’s common stock upon vesting.
The award was granted under the company’s 2019 Equity Incentive Plan and vests on the first anniversary of the grant date, subject to possible accelerated vesting in certain situations. Following this grant, Jackson holds 3,009 RSUs directly, aligning his compensation more closely with shareholder interests.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,009 | $0.00 | $0.00 |
Footnotes (2)
- F1. Not applicable. Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock upon vesting.
- F2. Not Applicable. The acquisition reflects an award of Restricted Stock Units pursuant to the Company's 2019 Equity Incentive Plan. The award vests on the first anniversary of the grant date, subject to accelerated vesting under certain circumstances.
Key Figures
Key Terms
Restricted Stock Units financial
2019 Equity Incentive Plan financial
vests on the first anniversary financial
underlying security financial
FAQ
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What insider transaction did NGS director John Earl Jackson report on this Form 4?
How many Restricted Stock Units did NGS grant to director John Earl Jackson?
What are the vesting terms for John Earl Jackson’s NGS Restricted Stock Units?
Did John Earl Jackson pay cash for the 3,009 NGS Restricted Stock Units?
What does each NGS Restricted Stock Unit granted to John Earl Jackson represent?
How many NGS Restricted Stock Units does John Earl Jackson hold after this grant?
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