Everpure director granted 3,515-share RSU award
Rothschild Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Rothschild Jeffrey reported acquisition or exercise transactions in this Form 4 filing.
Everpure, Inc. director Jeffrey Rothschild received a grant of 3,515 Restricted Stock Units tied to Class A Common Stock as equity compensation, with no cash price per share. The award increases his directly held position to 110,988 shares after the reported transaction.
All RSUs are scheduled to vest on June 10, 2027, subject to his continued service. The award provides for full accelerated vesting immediately before a Change in Control or Corporate Transaction, and pro-rated vesting if he voluntarily resigns based on days of service from grant to resignation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,515 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Restricted Stock Unit award shall be subject to accelerated vesting as follows: In the event of a Change in Control or a Corporate Transaction (each, as defined in the Issuer's 2015 Equity Incentive Plan), the shares subject to the Restricted Stock Unit award will fully vest as of immediately prior to the effective time of such Change in Control or Corporate Transaction, subject to the Reporting Person's Continuous Service on the effective date of such Change in Control or Corporate Transaction.
- F2. The shares of Class A Common Stock are to be acquired upon the vesting of a Restricted Stock Unit award granted to the Reporting Person. 100% of the shares subject to the Restricted Stock Unit award will vest on June 10, 2027, subject to the Reporting Person's Continuous Service (as defined in the Issuer's 2015 Equity Incentive Plan) on the vesting date, and provided that if the Reporting Person voluntarily resigns as a Director, then the shares subject to the Restricted Stock Unit award will vest as of the effective date of the resignation as to 1/365 of the shares subject to the award multiplied by the number of days of the Reporting Person's service between the date of grant and the effective date of the resignation.
Key Figures
Key Terms
Restricted Stock Unit financial
Change in Control financial
Corporate Transaction financial
Continuous Service financial
2015 Equity Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Everpure (P) director Jeffrey Rothschild report?
When do Jeffrey Rothschild’s 3,515 Everpure (P) RSUs vest?
How can a Change in Control affect Everpure (P) director Rothschild’s RSU vesting?
What happens to Everpure (P) RSUs if Jeffrey Rothschild voluntarily resigns as director?
AI-generated analysis. How Rhea-AI works. Not financial advice.