Rocket Lab director granted 2,482 RSUs
Possenriede Kenneth R reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Possenriede Kenneth R reported acquisition or exercise transactions in this Form 4 filing.
Rocket Lab Corp director Kenneth R. Possenriede received an award of 2,482 shares of Common Stock in the form of restricted stock units. The grant was made at no cash cost to him and increases his direct holdings to 96,660 shares. These RSUs will vest in full on the earlier of the company’s next Annual Meeting of Stockholders or the one-year anniversary of the grant date, as long as he continues serving on the Board.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,482 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted to the Reporting Person under the Rocket Lab Corporation Amended and Restated Non-Employee Director Compensation Policy, and the Rocket Lab Corporation 2021 Stock Option and Incentive Plan. Such RSUs will vest in full on the earlier of (i) the date of the Registrant's next Annual Meeting of Stockholders and (ii) the one-year anniversary of the date of grant, subject to the Reporting Person's continuous service as a member of the Board of Directors through such date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Amended and Restated Non-Employee Director Compensation Policy financial
2021 Stock Option and Incentive Plan financial
Annual Meeting of Stockholders financial
FAQ
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What insider transaction did Rocket Lab (RKLB) director Kenneth R. Possenriede report?
What type of award did Rocket Lab (RKLB) grant to director Kenneth R. Possenriede?
When will Kenneth R. Possenriede’s Rocket Lab (RKLB) RSUs vest?
Under what plans were Rocket Lab (RKLB) RSUs granted to Kenneth R. Possenriede?
AI-generated analysis. How Rhea-AI works. Not financial advice.