uniQure director granted RSUs, sells shares for tax
uniQure N.V. director Jack Kaye reported a mix of equity grants and a small share sale.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
uniQure N.V. director Jack Kaye reported a mix of equity grants and a small share sale. He received 7,550 restricted share units under the company’s 2014 Share Incentive Plan, each representing one Ordinary Share, vesting 100% one year after the grant date.
He was also granted a stock option for 13,980 Ordinary Shares at an exercise price of $26.82, vesting in full on the first anniversary of grant and expiring in 2036. After RSU vesting, 1,993 shares were automatically sold at a weighted average price of $27.06 solely to cover estimated withholding taxes, not as a discretionary trade. Following these transactions, Kaye directly holds 25,996 Ordinary Shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,993 | $27.06 | $54K |
| Grant/Award | Stock Option (Right to Buy) | 13,980 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 7,550 | $0.00 | $0.00 |
Footnotes (4)
- F1. Represents restricted share units granted to the Reporting Person under the Issuer's 2014 Share Incentive Plan, as amended and restated. Each restricted share unit represents the contingent right to receive one Ordinary Share. The restricted share units vest 100% on the first anniversary of the date of grant, subject to the Reporting Person's continued relationship with the Issuer through such date.
- F2. The shares were sold upon the vesting of restricted share units solely to cover estimated withholding taxes, pursuant to automatic sale instructions included in the relevant Restricted Share Unit Agreement. The sale was not a discretionary trade by the Reporting Person.
- F3. The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $26.92 to $27.25. The Reporting Person undertakes to provide to the Issuer, any shareholder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F4. The Stock Option vests 100% on the first anniversary of the date of grant, subject to the Reporting Person's continued relationship with the Issuer through such date.
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