PodcastOne director awarded 32,911 RSUs
MERRIMAN D JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MERRIMAN D JONATHAN reported acquisition or exercise transactions in this Form 4 filing.
PodcastOne, Inc. director Jonathan D. Merriman received a grant of 32,911 Restricted Stock Units as board fees for service from October 1, 2024 to September 30, 2025. These RSUs vest on March 31, 2026, contingent on his continued board service through that date.
Each RSU represents a right to receive one share of common stock or its cash value, with the form of payout (cash and/or stock) determined by the board under the 2022 Equity Incentive Plan. Merriman may elect to defer settlement until he leaves the board or up to five years after vesting. Following this award, he holds 32,911 RSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,911 | $0.00 | $0.00 |
Footnotes (1)
- F1. The Restricted Stock Units (the "RSUs") were granted to the Reporting Person as director fees for service on the Issuer's board of directors (the "Board") for the period from October 1, 2024 to September 30, 2025. The RSUs shall vest on March 31, 2026 (the "Vesting Date"), subject to the Reporting Person's continued service on the Board through the Vesting Date. Each RSU represents a contingent right to receive one share of the Issuer's common stock or the cash value thereof. The Board, in its sole discretion, will determine in accordance with the terms and conditions of the Issuer's 2022 Equity Incentive Plan the form of payout of the RSUs (cash and/or stock). The Reporting Person shall have the option to defer the settlement of the RSUs until the earlier of such time as the Reporting Person is no longer serving on the Board or up to five years from the vesting date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PodcastOne (PODC) director Jonathan Merriman receive in this Form 4?
When do Jonathan Merriman’s 32,911 PodcastOne (PODC) RSUs vest?
How can Jonathan Merriman’s PodcastOne (PODC) RSUs be settled?
Can the settlement of PodcastOne (PODC) RSUs be deferred by Jonathan Merriman?
How many PodcastOne (PODC) RSUs does Jonathan Merriman hold after this transaction?
Is this PodcastOne (PODC) Form 4 a stock purchase or sale by Jonathan Merriman?
AI-generated analysis. How Rhea-AI works. Not financial advice.