Envista executive granted stock, options and RSUs
Envista Holdings Corp reported insider equity awards for executive Stefan Nilsson, President, Nobel Biocare.
Rhea-AI Filing Summary
Envista Holdings Corp reported insider equity awards for executive Stefan Nilsson, President, Nobel Biocare. He received 13,845 Performance Share Units that may pay out from 0% to 200% of target based on three-year performance, and an option for 18,020 shares vesting over three years.
Nilsson was also granted 7,605 Restricted Stock Units, which vest ratably over three years and convert into common shares on a 1-for-1 basis. In a related move, 182 common shares were withheld and disposed of to cover tax obligations upon RSU vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 13,845 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (Right to Buy) | 18,020 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 182 | $29.59 | $5K |
| Grant/Award | Common Stock | 7,605 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents shares of the Issuer's common stock withheld to satisfy tax withholding obligations applicable to the vesting of stock-settled Restricted Stock Units ("RSU").
- F2. Consists of RSUs that will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date. Each RSU will convert on a 1-for-1 basis, in shares of the Issuer's common stock.
- F3. Consists of Performance Share Units that will vest, if at all, based on certification of achievement of identified performance measures over a three-year performance period. The amount reported represents the amount of shares payable at target performance; the Reporting Person could earn 0%-200% of the amount reported depending on the level of performance achieved.
- F4. This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
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