Procore CFO Designate granted 152,318 RSUs
Pyles Rachel reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Pyles Rachel reported acquisition or exercise transactions in this Form 4 filing.
PROCORE TECHNOLOGIES, INC. CFO Designate Rachel Pyles received a grant of 152,318 shares of common stock in the form of restricted stock units. These RSUs carry no purchase price and represent equity-based compensation rather than an open-market transaction.
According to the vesting terms, one-fourth of the RSUs will vest on the first anniversary of the vesting commencement date, with the remaining RSUs vesting in equal quarterly installments on each February 20, May 20, August 20, and November 20, subject to her continued service. Following this grant, Pyles holds 152,318 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 152,318 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents shares of common stock issuable upon the settlement of restricted stock units ("RSUs"). One-fourth (1/4th) of the RSUs will vest on the first anniversary of the Vesting Commencement Date (as such term is defined in the applicable RSU grant agreement) and thereafter, one-sixteenth (1/16th) of the RSUs will vest quarterly on each February 20, May 20, August 20 and November 20 (each, a "Company Vesting Date") and subject to the Reporting Person's continued service through each Company Vesting Date.
FAQ
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What insider transaction did PROCORE TECHNOLOGIES (PCOR) report for Rachel Pyles?
Is Rachel Pyles’ PROCORE TECHNOLOGIES (PCOR) equity grant an open-market buy?
What is the vesting schedule for Rachel Pyles’ PROCORE TECHNOLOGIES (PCOR) RSUs?
What role does Rachel Pyles hold at PROCORE TECHNOLOGIES (PCOR) in this Form 4?
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