Oscar Health director receives 8,475 RSU stock grant
Oscar Health director William Gassen received an equity award of 8,475 restricted stock units (RSUs) of Class A common stock.
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Rhea-AI Filing Summary
Oscar Health director William Gassen received an equity award of 8,475 restricted stock units (RSUs) of Class A common stock. The grant has no cash exercise price and is part of his director compensation, not an open-market purchase.
The RSUs vest on the earlier of the one-year anniversary of the grant date or the next annual stockholder meeting, as long as he remains in service through that date. Once vested, shares will be delivered after separation, death, disability, or within a few days following a change in control, under the timing rules described. After this grant, he holds 82,840 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 8,475 | $0.00 | $0.00 |
Footnotes (1)
- F1. Consists of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Oscar Health, Inc. (the "Issuer") Class A common stock. The RSUs vest on the earlier to occur of (i) the one-year anniversary of the grant date and (ii) the date of the next annual meeting of stockholders of the Issuer following the grant date, subject to continued service through the applicable vesting date. To the extent vested, the RSUs will be settled in shares of the Issuer's Class A common stock on the earliest of (i) the six-month anniversary of the director's separation from service, death or disability and (ii) within five days following a change in control of the Issuer.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
change in control financial
Class A common stock financial
FAQ
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What did Oscar Health (OSCR) director William Gassen report in this Form 4?
How many Oscar Health (OSCR) RSUs were granted to William Gassen?
When do William Gassen’s Oscar Health (OSCR) RSUs vest?
Is William Gassen buying or selling Oscar Health (OSCR) stock in this filing?
How large is William Gassen’s Oscar Health (OSCR) holding after the RSU grant?
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