Nerdy Inc. grants 600,000 RSUs to legal chief
Swenson Christopher C. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Swenson Christopher C. reported acquisition or exercise transactions in this Form 4 filing.
Nerdy Inc. awarded Chief Legal Officer Christopher C. Swenson 600,000 RSUs under its 2021 Equity Incentive Plan. Each RSU represents one share of Class A Common Stock and vests in three annual tranches through July 2029. Following this grant, he holds 1,241,631 shares and 1,250,000 RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1, F2 | 600,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units ("RSUs") issued under the Nerdy Inc. 2021 Equity Incentive Plan, as amended. Each RSU represents the contingent right to receive one share of the Issuer's Class A Common Stock. The RSUs shall vest as follows: one-third at various points during the months ending July 15, 2027, one-third at various points during the twelve months ending July 15, 2028, and one-third at various points during the twelve months ending July 15, 2029.
- F2. Represents 1,241,631 shares of Class A Common Stock and 1,250,000 restricted stock units.
Key Figures
Key Terms
Restricted Stock Units ("RSUs") financial
Nerdy Inc. 2021 Equity Incentive Plan financial
Class A Common Stock financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What equity award did Nerdy Inc. (NRDY) grant to Christopher C. Swenson?
How do the 600,000 RSUs granted by Nerdy Inc. (NRDY) vest?
Under which plan were the RSUs to Christopher C. Swenson at Nerdy Inc. (NRDY) issued?
What are Christopher C. Swenson’s total Nerdy Inc. (NRDY) holdings after this RSU grant?
What type of security is reported in this Nerdy Inc. (NRDY) Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.