Owlet director awarded 18,996 RSUs
Gonzales Melissa reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Gonzales Melissa reported acquisition or exercise transactions in this Form 4 filing.
Owlet, Inc. director Melissa Gonzales received an equity award of 18,996 restricted stock units (RSUs) of common stock. The RSUs entitle her to one share of Owlet common stock for each unit as they vest, with no cash paid per share.
The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before Owlet’s next annual stockholders’ meeting, as long as she continues serving the company through that date. After this grant, she holds 87,905 shares of Owlet common stock directly. The Form 4 notes that this transaction was reported late because of an administrative oversight.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 18,996 | $0.00 | $0.00 |
Footnotes (2)
- F1. This transaction is being reported late due to an administrative oversight.
- F2. Constitutes restricted stock units ("RSUs") for which the Reporting Person is entitled to receive one (1) share of the Company's common stock for each RSU upon vesting. The RSUs will fully vest on the earlier of (a) the first anniversary of the date of grant or (b) immediately prior to the next annual meeting of the Company's stockholders after the date of grant, subject to the Reporting Person's continued service to the Issuer through such vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
administrative oversight regulatory
annual meeting of the Company's stockholders regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Owlet (OWLT) director Melissa Gonzales report?
What are the vesting terms of the 18,996 Owlet (OWLT) RSUs granted to Melissa Gonzales?
Why was the Owlet (OWLT) Form 4 for Melissa Gonzales’ RSU grant filed late?
AI-generated analysis. How Rhea-AI works. Not financial advice.