Oceaneering SVP granted performance and RSU awards
Oceaneering International senior vice president and chief human resources officer Holly Kriendler reported equity awards in the form of performance stock units and restricted stock units.
Rhea-AI Filing Summary
Oceaneering International senior vice president and chief human resources officer Holly Kriendler reported equity awards in the form of performance stock units and restricted stock units. She received 7,878 performance stock units and 7,878 restricted stock units at a grant price of $0 per unit.
Each performance stock unit can convert into between zero and two shares of common stock if specific performance targets are achieved. Each restricted stock unit represents one share of common stock and vests in three equal annual installments on February 20 of 2027, 2028, and 2029. Previously granted unvested restricted stock units from prior years are excluded from the reported post-transaction totals.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Stock Units | 7,878 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 7,878 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each performance stock unit represents a contingent right to receive between zero and two shares of the Company's common stock. The performance stock units vest upon achievement of specific target levels of performance.
- F2. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F3. The restricted stock units vest in three equal annual installments on each of February 20, 2027, 2028 and 2029.
- F4. The reported transaction involved the receipt of a grant of restricted stock units by the reported person. The total reported in Column 9 excludes unvested restricted stock units that were granted in previous years, as the reporting person has previously reported awards of restricted stock units in Table I of Form 4.
FAQ
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What did OII executive Holly Kriendler report in this Form 4 filing?
How many performance stock units did Holly Kriendler receive from Oceaneering International (OII)?
How many restricted stock units did OII grant to Holly Kriendler and what do they represent?
When do Holly Kriendler’s restricted stock units from OII vest?
Are prior restricted stock unit grants to Holly Kriendler included in this OII Form 4 total?
Does this OII Form 4 reflect a stock purchase or sale by Holly Kriendler?
AI-generated analysis. How Rhea-AI works. Not financial advice.