Personalis director granted RSUs and stock options
Personalis, Inc. director Woodrow A. Myers Jr. received equity compensation in the form of restricted stock units and stock options.
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Rhea-AI Filing Summary
Personalis, Inc. director Woodrow A. Myers Jr. received equity compensation in the form of restricted stock units and stock options. He was granted 6,250 RSUs, each representing one share of common stock, bringing his direct common stock holdings to 32,366 shares after the award.
He was also granted options covering 37,500 shares of common stock at an exercise price of $6.04 per share, expiring on May 12, 2036. Both the RSUs and options vest 100% on the earlier of one year from the grant date or the day before the next annual stockholder meeting, with accelerated vesting immediately before a qualifying Change in Control if he remains in Continuous Service.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 37,500 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 6,250 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each share is represented by a restricted stock unit ("RSU"). Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement. 100% of the shares subject to the RSU shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders occurring after the grant date, subject to the reporting person's Continuous Service (as defined in the Company's 2019 Equity Incentive Plan (the "2019 Plan")) through the vesting date. In the event of a Change in Control (as defined in the 2019 Plan), the shares underlying the RSU shall vest immediately prior to the effectiveness of such Change in Control.
- F2. 100% of the shares subject to the option shall vest on the earlier of the one-year anniversary of the grant date or the day prior to the Company's next annual meeting of stockholders occurring after the grant date, subject to the reporting person's Continuous Service (as defined in the 2019 Plan) through the vesting date. In the event of a Change in Control (as defined in the 2019 Plan), the shares underlying the option shall vest and become exercisable immediately prior to the effectiveness of such Change in Control.
Key Figures
Key Terms
restricted stock unit ("RSU") financial
Continuous Service financial
Change in Control financial
2019 Equity Incentive Plan financial
Stock Option (right to buy) financial
FAQ
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What equity awards did Personalis (PSNL) director Woodrow Myers Jr. receive?
How and when do the new RSUs for Personalis (PSNL) director vest?
What are the key terms of the Personalis (PSNL) stock options granted to the director?
What happens to the Personalis (PSNL) RSUs and options if there is a Change in Control?
AI-generated analysis. How Rhea-AI works. Not financial advice.