Ondas director receives 25,925 RSU equity grant
COHEN RICHARD M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
COHEN RICHARD M reported acquisition or exercise transactions in this Form 4 filing.
Ondas Inc. director Richard M. Cohen received a grant of 25,925 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one share of Ondas Inc. common stock. These RSUs vest in four equal quarterly installments, starting on the first day of the next calendar quarter, as long as he remains a director. All unvested RSUs will vest immediately if there is a change in control of the company.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 25,925 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of Ondas Inc. (the "Company") common stock, par value $0.0001 per share.
- F2. These RSUs vest in four successive equal quarterly installments with the first vesting date commencing on the first day of the next calendar quarter, provided that the reporting person is a director of the Company on the applicable vesting dates. All RSUs granted to the reporting person shall vest in full immediately upon a change in control.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest in four successive equal quarterly installments financial
change in control financial
FAQ
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What insider transaction did Ondas Inc. (ONDS) report for Richard M. Cohen?
How many Restricted Stock Units were granted to the Ondas (ONDS) director?
What is the vesting schedule for the Ondas Inc. (ONDS) RSUs granted to Richard M. Cohen?
What happens to the Ondas (ONDS) RSUs if there is a change in control?
What does each Ondas Inc. (ONDS) RSU represent for Richard M. Cohen?
AI-generated analysis. How Rhea-AI works. Not financial advice.