Envista CEO gets new stock, covers RSU taxes
Envista Holdings Corp CEO Paul A. Keel reported a mix of equity awards and a small tax‑related share disposition.
Rhea-AI Filing Summary
Envista Holdings Corp CEO Paul A. Keel reported a mix of equity awards and a small tax‑related share disposition. He received 132,885 Performance Share Units, which can pay out between 0% and 200% of this target amount based on three‑year performance goals. He was also granted 115,320 stock options and 48,670 Restricted Stock Units, each scheduled to vest in equal installments over three years, contingent on continued service. To cover tax withholding on vested RSUs, 11,840 common shares were withheld at $29.59 per share, leaving him with 384,385 common shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Share Unit | 132,885 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (Right to Buy) | 115,320 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 11,840 | $29.59 | $350K |
| Grant/Award | Common Stock | 48,670 | $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.
FAQ
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What did Envista (NVST) CEO Paul Keel report in this Form 4 filing?
What stock option grant did Envista (NVST) CEO Paul Keel receive?
How are Paul Keel’s Restricted Stock Units from Envista (NVST) structured?
AI-generated analysis. How Rhea-AI works. Not financial advice.