Everpure director granted 3,515 restricted stock units
Everpure, Inc. director Taylor Roxanne reported a grant of 3,515 shares of Class A Common Stock underlying a Restricted Stock Unit award at no cost.
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Rhea-AI Filing Summary
Everpure, Inc. director Taylor Roxanne reported a grant of 3,515 shares of Class A Common Stock underlying a Restricted Stock Unit award at no cost. These shares are to be acquired when the award vests, with 100% of the units scheduled to vest on June 10, 2027, if she remains in continuous service. The award includes accelerated vesting upon a Change in Control or Corporate Transaction and provides pro-rata vesting if she voluntarily resigns as a director before that date, based on days served. Following this grant, her reported Class A Common Stock holdings total 19,858 shares.
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
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Everpure (P) director Taylor Roxanne report in this Form 4 filing?
When do Taylor Roxanne’s Everpure (P) Restricted Stock Units vest?
What triggers accelerated vesting of Taylor Roxanne’s Everpure (P) RSU award?
How is vesting handled if Taylor Roxanne resigns from Everpure (P) as a director?
AI-generated analysis. How Rhea-AI works. Not financial advice.