LiveRamp (RAMP) CRO receives 32,467 RSU equity award with 3-year vest
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LiveRamp Holdings, Inc. reported that Chief Revenue Officer Vihan Sharma received an equity grant of 32,467 shares in the form of restricted stock units under the company’s 2005 Equity Compensation Plan. These RSUs are a compensation award, not an open-market purchase, and carry no cash exercise price.
Each RSU represents the right to receive one share of common stock. Vesting will occur over three years from the grant date, with one-third of the units scheduled to vest on May 22, 2027, and the remaining units vesting in equal quarterly installments on the 22nd day of the applicable month, contingent on continued employment. Following this grant, Sharma holds 155,151 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sharma Vihan
Role
CHIEF REVENUE OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK, $.10 PAR VALUE | 32,467 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK, $.10 PAR VALUE — 155,151 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 32,467 units
Grant price: $0.00 per share
Shares after transaction: 155,151 shares
+2 more
5 metrics
RSU grant size
32,467 units
Restricted stock units granted to CRO Vihan Sharma
Grant price
$0.00 per share
Compensation award, not open-market purchase
Shares after transaction
155,151 shares
Total direct holdings following RSU grant
Initial vesting date
May 22, 2027
One-third of RSUs scheduled to vest
Vesting structure
3 years, quarterly after first tranche
Equal quarterly vesting on 22nd day of applicable months
Key Terms
restricted stock units ("RSUs"), 2005 Equity Compensation Plan, vesting, contingent right
4 terms
restricted stock units ("RSUs") financial
"These restricted stock units ("RSUs") are granted pursuant to the registrant's 2005 Equity Compensation Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2005 Equity Compensation Plan financial
"These restricted stock units ("RSUs") are granted pursuant to the registrant's 2005 Equity Compensation Plan."
vesting financial
"Vesting will take place over three years from the date of grant, with 1/3 of the shares scheduled to vest on May 22, 2027, and the remainder vesting in equal quarterly amounts thereafter"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
contingent right financial
"Each RSU represents a contingent right to receive one share of the registrant's common stock."
FAQ
What insider transaction did LiveRamp (RAMP) disclose for Vihan Sharma?
LiveRamp disclosed that Chief Revenue Officer Vihan Sharma received 32,467 restricted stock units as an equity compensation award. The RSUs carry no exercise price and represent the right to receive common shares over time, subject to a vesting schedule and continued employment.
What are the vesting terms of Vihan Sharma’s new RSUs at LiveRamp (RAMP)?
The RSUs vest over three years from the grant date. One-third of the award is scheduled to vest on May 22, 2027, with the remaining units vesting in equal quarterly installments on the 22nd of applicable months, conditioned on Sharma’s continued employment.
Under which plan were the new LiveRamp (RAMP) RSUs granted to Vihan Sharma?
The restricted stock units granted to Vihan Sharma were issued under LiveRamp’s 2005 Equity Compensation Plan. This plan governs equity-based compensation awards, such as RSUs, granted to eligible employees and sets terms for vesting and settlement into common stock.