PetVivo director receives 53,832-share stock grant
Ruben Joshua David reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ruben Joshua David reported acquisition or exercise transactions in this Form 4 filing.
PetVivo Holdings director Ruben Joshua David reported stock-based compensation grants. He received an aggregate annual grant of 46,332 restricted common shares for Board service, vesting in four installments: 8,832 shares for the pro-rated first quarter and 12,500 shares at the beginning of each subsequent quarter of service.
He also received a one-time grant of 7,500 restricted shares as compensation for prior Board service. Following these awards, he holds 53,832 common shares directly. These are compensation-related grants, not open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,500 | $0.74 | $6K |
| Grant/Award | Common Stock | 46,332 | $0.74 | $34K |
Footnotes (2)
- F1. Represents an aggregate annual grant of 46,332 shares of PetVivo Holdings, Inc. restricted common stock ("Shares") to the Reporting Person as compensation for Board service, which vests in four equal amounts at the rate of 8,832 for the pro-rated first quarter and 12,500 Shares at the beginning of each subsequent quarter of Board service.
- F2. Represents an aggregate one-time grant of 7,500 shares of PetVivo Holdings, Inc. restricted common stock ("Shares") to the Reporting Person as compensation for prior Board service
FAQ
What does the PetVivo (PETV) Form 4 filed by Ruben Joshua David report?
What is the vesting schedule for Ruben Joshua David’s PetVivo (PETV) annual stock grant?
Are the PetVivo (PETV) transactions in this Form 4 open-market buys or sells?
Does this PetVivo (PETV) Form 4 indicate any remaining derivatives or options for the director?
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