uniQure director gets RSUs, sells shares for tax
uniQure N.V. director Balachandran Madhavan reported routine equity compensation and related tax sales.
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Rhea-AI Filing Summary
uniQure N.V. director Balachandran Madhavan reported routine equity compensation and related tax sales. He was granted 7,550 restricted share units, each representing one Ordinary Share, and 13,980 stock options with a $26.82 exercise price, both vesting 100% on the first anniversary of the grant date subject to continued service. Upon vesting of earlier restricted share units, 1,993 shares were sold at a weighted average price of $27.06, solely to cover estimated withholding taxes under automatic sale instructions, not as a discretionary trade. After these transactions, he directly owns 43,254 Ordinary Shares and holds the new unvested options.
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.
Key Figures
Key Terms
automatic sale instructions financial
Stock Option (Right to Buy) financial
weighted average price financial
FAQ
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What insider transactions did uniQure (QURE) director Balachandran Madhavan report?
What equity awards did the uniQure (QURE) director receive in this Form 4?
When do the director’s new uniQure (QURE) RSUs and options vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.