Proto Labs CCO granted RSUs and stock options
Proto Labs Inc reported that Chief Commercial Officer Bernardo Parlange received new equity compensation.
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Form Type
4
Rhea-AI Filing Summary
Proto Labs Inc reported that Chief Commercial Officer Bernardo Parlange received new equity compensation. He was granted 2,109 shares of common stock as restricted stock units, plus options on 3,789 shares of common stock at an exercise price of $71.13 per share. The RSUs and the underlying shares from the option grant vest in four equal annual installments, with 25% vesting on May 20, 2027 and on each May 20 thereafter until fully vested. Following these awards, the filing shows 2,109 common shares and options for 3,789 shares held directly.
Insider Trade Summary
Grant/Award: 5,898 shares
Grant/Award
2 txns
Insider
Parlange Bernardo
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (right to buy) | 3,789 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,109 | $0.00 | $0.00 |
Holdings After Transaction:
Employee Stock Option (right to buy) — 3,789 contracts (Direct);
Common Stock — 2,109 shares (Direct)
Footnotes (2)
- F1. Restricted Stock Units that vest as follows: 25% of shares subject to the award will vest on May 20, 2027, and on each May 20th thereafter until all shares subject to the award are fully vested.
- F2. 25% of shares subject to the award will vest on May 20, 2027, and on each May 20th thereafter until all shares subject to the award are fully vested.
Key Figures
RSUs granted: 2,109 shares
Options granted: 3,789 shares
Option exercise price: $71.13 per share
+2 more
5 metrics
RSUs granted
2,109 shares
Restricted Stock Units granted to Chief Commercial Officer
Options granted
3,789 shares
Employee stock options on common stock
Option exercise price
$71.13 per share
Exercise price for 3,789 option shares
RSU vesting start
May 20, 2027
25% of RSU award vests on this date
Option expiration
May 20, 2036
Expiration date of employee stock options
Key Terms
Restricted Stock Units, Employee Stock Option (right to buy), exercise price, vest
4 terms
Restricted Stock Units financial
"Restricted Stock Units that vest as follows: 25% of shares subject to the award will vest on May 20, 2027"
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.
Employee Stock Option (right to buy) financial
"Employee Stock Option (right to buy) with 3,789 shares underlying common stock"
exercise price financial
"conversion_or_exercise_price: "71.1300" for the employee stock option grant"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vest financial
"25% of shares subject to the award will vest on May 20, 2027, and on each May 20th thereafter"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Proto Labs (PRLB) report for Bernardo Parlange?
Proto Labs reported that Chief Commercial Officer Bernardo Parlange received equity awards: 2,109 restricted stock units and options for 3,789 shares. These awards are compensation grants, not open-market purchases or sales, and increase his direct equity exposure to the company.
What is the exercise price of Bernardo Parlange’s Proto Labs (PRLB) stock options?
The employee stock options granted to Bernardo Parlange have an exercise price of $71.13 per share. This means he can buy up to 3,789 Proto Labs common shares at that price once the options vest and are exercisable under the award terms.
When do Bernardo Parlange’s restricted stock units in Proto Labs (PRLB) vest?
The restricted stock units vest over four years, with 25% of the shares vesting on May 20, 2027, and an additional 25% vesting on each May 20 thereafter. This schedule encourages long-term retention and alignment with company performance.
What is the vesting schedule for Bernardo Parlange’s Proto Labs (PRLB) stock options?
The stock options follow the same schedule as the RSUs: 25% of the 3,789 underlying shares vest on May 20, 2027, and 25% on each May 20 afterward until fully vested. Vesting must occur before he can exercise these options.
When do Bernardo Parlange’s Proto Labs (PRLB) stock options expire?
The employee stock options granted to Bernardo Parlange expire on May 20, 2036. If unexercised by that date, the right to buy the 3,789 underlying shares at the $71.13 exercise price will lapse under the award terms.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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