ONTO director granted 761 deferred RSUs
Lynch Susan D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Lynch Susan D reported acquisition or exercise transactions in this Form 4 filing.
ONTO Innovation Inc. director Susan D. Lynch received a grant of 761 restricted stock units (RSUs), each representing one share of common stock at no purchase price. All RSUs vest one year from the grant date, and Lynch has elected to defer settlement under the company’s nonqualified deferred compensation plan, with shares to be issued according to her deferral election. Following this award, she holds 3,684 shares of common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 761 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Reporting Person was granted restricted stock units ("RSUs"), each of which represents a contingent right to receive one (1) share of ONTO Common Stock. 100% of the shares of Common Stock subject to the RSU vest one (1) year from the grant date. The Reporting Person has elected to defer settlement of these RSUs pursuant to the Onto Innovation Nonqualified Deferred Compensation Plan. Once vested, the shares will be issued in accordance with the Reporting Person's deferral election.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Nonqualified Deferred Compensation Plan financial
vest financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ONTO director Susan D. Lynch report on this Form 4?
When do Susan D. Lynch’s ONTO restricted stock units vest and settle?
What is the Onto Innovation Nonqualified Deferred Compensation Plan mentioned in the Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.