Repligen director awarded RSUs and stock options
REPLIGEN CORP director Glenn P. Muir reported routine equity compensation awards.
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Rhea-AI Filing Summary
REPLIGEN CORP director Glenn P. Muir reported routine equity compensation awards. He received 995 restricted stock units, each representing one share of common stock, which vest in full on the earlier of May 14, 2027, one year from the grant date, or the date of the next annual shareholder meeting.
Muir also received stock options covering 2,239 shares of common stock at an exercise price of $103.38 per share, expiring on May 14, 2036, with the same vesting schedule. Following these awards, he holds 40,051 shares of common stock directly and 2,239 stock options. The RSUs will be settled in shares after his service as a director ends, in line with his deferral election.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 2,239 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 995 | $0.00 | $0.00 |
Footnotes (2)
- F1. Mr. Muir was awarded 995 restricted stock units. Each restricted stock unit represents a contingent right to receive one share of Repligen Corporation's Common Stock. The restricted stock units vest on the earlier of May 14, 2027, one year from the grant date, or the date of the next annual meeting of the Company's shareholders, which has not yet been determined. The Reporting Person has elected to defer settlement of these restricted stock units pursuant to the Repligen Corporation Deferred Compensation Plan for Non-Employee Directors. Once vested, the shares will be issued in accordance with the Reporting Person's deferral election following the separation of the Reporting Person's service as a Director. The restricted stock units may be settled only by delivering shares of Repligen Corporation's Common Stock, and thus, the grant is being reported in Table 1 as allowed per SEC guidance.
- F2. Award vests in full on the earlier of May 14, 2027, one year from grant date, or on the date of the next annual meeting of the Company's shareholders, which has not yet been determined.
Key Figures
Key Terms
restricted stock units financial
Deferred Compensation Plan for Non-Employee Directors financial
Stock Option (Right to Buy) financial
vests in full financial
contingent right financial
FAQ
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