RGP director granted 1,502 phantom stock units
KISTINGER ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
KISTINGER ROBERT F reported acquisition or exercise transactions in this Form 4 filing.
RESOURCES CONNECTION, INC. director Robert F. Kistinger received an automatic grant of 1,502 phantom stock units as dividend equivalents on previously awarded phantom shares under the Directors Deferred Compensation Plan. Each unit mirrors one share of common stock economically, bringing his phantom stock balance to 92,586 units, payable in cash after he leaves the board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 1,502 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents dividend equivalent phantom shares accrued on previously awarded phantom shares in accordance with the terms of the Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. These shares of phantom stock will become payable in cash to the reporting person upon separation from service as a director in accordance with the reporting person's election under the Directors Deferred Compensation Plan.
Key Figures
Key Terms
Phantom Stock financial
Directors Deferred Compensation Plan financial
separation from service financial
FAQ
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What insider transaction did RGP director Robert Kistinger report?
What is phantom stock in the RGP Form 4 filing?
How many phantom stock units does the RGP director hold after this transaction?
Why were 1,502 phantom stock units granted to the RGP director?
When will the RGP phantom stock reported in this Form 4 be paid out?
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