Envista (NYSE: NVST) grants stock, options and RSUs to executive
Filing Impact
Filing Sentiment
Form Type
4
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
4 transactions reported
Mixed
4 txns
Insider
Nilsson Stefan
Role
President, Nobel Biocare
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 13,845 | $0.00 | -- |
| Grant/Award | Employee Stock Option (Right to Buy) | 18,020 | $0.00 | -- |
| Tax Withholding | Common Stock | 182 | $29.59 | $5K |
| Grant/Award | Common Stock | 7,605 | $0.00 | -- |
Holdings After Transaction:
Performance Share Unit — 13,845 shares (Direct);
Employee Stock Option (Right to Buy) — 18,020 shares (Direct);
Common Stock — 54,759 shares (Direct)
Footnotes (1)
- 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"). 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. 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. This Option will vest ratably on each anniversary of the date of grant over three years, subject to continued service through each such date.
FAQ
What insider transactions did Envista (NVST) report for Stefan Nilsson?
Envista reported equity awards and a small tax-related share disposal for executive Stefan Nilsson. He received grants of performance share units, stock options, and restricted stock units, while 182 common shares were withheld and disposed of to satisfy tax obligations on vesting stock-settled RSUs.
What are the terms of Stefan Nilsson’s Envista (NVST) stock option grant?
Nilsson received an Employee Stock Option for 18,020 shares of Envista common stock. This option vests in equal installments on each anniversary of the grant date over three years, conditioned on his continued service through each vesting date, according to the filing footnotes.