RGP (RGP) president details common stock and option positions
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
RESOURCES CONNECTION, INC. President Iyer Venkataraman Ramaswamy has reported his equity holdings in RGP. The filing shows direct ownership of 81,840.210 shares of Common Stock. He also holds two Non-Qualified Stock Options covering 6,000 and 5,000 shares of Common Stock.
The 6,000-share option has an exercise price of $17.44 per share and expires on September 17, 2029, vesting in four equal annual installments beginning on September 17, 2020. The 5,000-share option has an exercise price of $18.96 per share and expires on October 5, 2028, vesting in four equal annual installments beginning on October 5, 2019.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Iyer Venkataraman Ramaswamy
Role
President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Non-Qualified Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Non-Qualified Stock Option (right to buy) — 6,000 shares (Direct);
Common Stock — 81,840.21 shares (Direct)
Footnotes (1)
- This option vests in four equal annual installments beginning on September 17, 2020. This option vests in four equal annual installments beginning on October 5, 2019.
FAQ
What does the RGP Form 3 filing by President Iyer Venkataraman Ramaswamy show?
The Form 3 shows President Iyer Venkataraman Ramaswamy’s existing ownership in RGP, including Common Stock and stock options. It reports his baseline equity position as an officer, giving investors transparency into his direct share and option holdings at the time of this filing.
What stock options are reported for RGP President Iyer Venkataraman Ramaswamy?
He holds two Non-Qualified Stock Options on RGP Common Stock, covering 6,000 and 5,000 underlying shares. These options give him the right to buy shares at fixed exercise prices before their respective expiration dates, subject to the disclosed vesting schedules.
What are the exercise prices and expirations of RGP President Iyer’s stock options?
One option covers 6,000 shares at an exercise price of $17.44, expiring September 17, 2029. The other covers 5,000 shares at $18.96, expiring October 5, 2028. Both provide long-dated potential share acquisition rights, contingent on vesting completion.
How do President Iyer’s RGP options vest over time?
The 6,000-share option vests in four equal annual installments beginning September 17, 2020. The 5,000-share option vests in four equal annual installments beginning October 5, 2019. This means portions of each grant become exercisable each year over a four-year period.
Does the RGP Form 3 show any recent stock purchases or sales by President Iyer?
The Form 3 lists holdings rather than transactions, with entries classified as “holding” and unknown transaction codes. It does not report buy or sell activity but instead establishes his existing Common Stock and option positions as of the reported date in the filing.