PagerDuty (NYSE: PD) director Elena Gomez awarded 21,816 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Gomez Elena reported acquisition or exercise transactions in this Form 4 filing.
PagerDuty director Elena Gomez reported an equity grant of 21,816 Restricted Stock Units (RSUs). The award was made under PagerDuty’s Non-Employee Director Compensation policy at a price of $0.00 per unit, reflecting stock-based compensation rather than a market purchase.
Each RSU represents a contingent right to receive one share of PagerDuty common stock. The RSUs will fully vest on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting of stockholders, as long as Gomez continues serving as a director. After this award, she holds 66,424 PagerDuty shares directly, including RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gomez Elena
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 21,816 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 66,424 shares (Direct, null)
Footnotes (1)
- Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy. Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer and has no expiration date. The shares underlying the Restricted Stock Unit award shall fully vest on the earlier of the first anniversary of the grant date or immediately prior to the next Annual Meeting of stockholders, subject to Directors' continuous service to the Issuer on such date. A portion of these shares represent Restricted Stock Units.
Key Figures
RSU grant size: 21,816 RSUs
Grant price per share: $0.00 per share
Shares owned after transaction: 66,424 shares
+1 more
4 metrics
RSU grant size
21,816 RSUs
Non-Employee Director Compensation policy award
Grant price per share
$0.00 per share
RSUs granted as stock-based compensation, no cash paid
Shares owned after transaction
66,424 shares
Total direct holdings after RSU grant, including RSUs
Vesting trigger
Earlier of first anniversary or next Annual Meeting
Full vesting schedule for 21,816 RSUs, subject to continued service
Key Terms
Restricted Stock Units, Non-Employee Director Compensation policy, Annual Meeting of stockholders, contingent right
4 terms
Restricted Stock Units financial
"Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation policy financial
"Represents 21,816 Restricted Stock Units acquired pursuant to the Issuer's Non-Employee Director Compensation policy."
Annual Meeting of stockholders financial
"shall fully vest on the earlier of the first anniversary of the grant date or immediately prior to the next Annual Meeting of stockholders"
contingent right financial
"Each Restricted Stock Unit represents a contingent right to receive one share of Common Stock of the Issuer"
FAQ
What did PagerDuty (PD) director Elena Gomez report in this Form 4?
Elena Gomez reported receiving 21,816 Restricted Stock Units (RSUs) of PagerDuty common stock as director compensation. These RSUs are stock-based awards granted at no cash cost, increasing her overall equity stake to 66,424 shares, including previously held and newly granted units.
What are the terms of Elena Gomez’s 21,816 PagerDuty RSUs?
The 21,816 Restricted Stock Units each represent a contingent right to receive one PagerDuty common share. They carry no expiration date and will fully vest on the earlier of the first anniversary of the grant date or immediately before the next Annual Meeting of stockholders, assuming continued service.
When will the new PagerDuty RSUs for Elena Gomez vest?
The 21,816 Restricted Stock Units will fully vest on the earlier of the first anniversary of the grant date or immediately prior to PagerDuty’s next Annual Meeting of stockholders, provided Elena Gomez continues serving as a director through that vesting date.