Executive at Rogers Corp (ROG) awarded 2,502 time-based RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rogers Corp senior executive receives equity award
Rogers Corp SVP & GM - EMS Brian Keith Larabee acquired 2,502 shares of capital (common) stock through a grant of time-based restricted stock units under the 2019 Long-Term Equity Compensation Plan. The award carries a stated price of $0.0000 per share.
The restricted stock units convert into common stock on a one-for-one basis and vest in three equal annual installments on each of the first three anniversaries of the grant date, as long as he remains employed by Rogers or an affiliate. Unvested units are generally forfeited if employment ends, except that in cases of death, disability, or retirement, a pro-rated portion of remaining unvested units would vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Larabee Brian Keith
Role
SVP & GM - EMS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Capital (Common) Stock | 2,502 | $0.00 | -- |
Holdings After Transaction:
Capital (Common) Stock — 6,750 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Rogers Corp (ROG) report for Brian Keith Larabee?
Rogers Corp reported that SVP & GM - EMS Brian Keith Larabee received a grant of 2,502 time-based restricted stock units. These units convert into common stock on a one-for-one basis and represent an equity compensation award rather than an open-market stock purchase.
What are the vesting terms of Brian Larabee’s Rogers Corp (ROG) restricted stock units?
Brian Larabee’s 2,502 restricted stock units vest in three equal installments on each of the first three anniversaries of the grant date. Vesting requires continued employment with Rogers Corp or an affiliate, subject to special provisions for death, disability, or retirement events.
Under which plan were Brian Larabee’s Rogers Corp (ROG) restricted stock units granted?
The restricted stock units were granted under Rogers Corp’s 2019 Long-Term Equity Compensation Plan. This plan provides equity-based awards to executives, and in this case grants time-based units that convert to common stock on a one-for-one basis as vesting conditions are met.
What happens to unvested Rogers Corp (ROG) restricted stock units if Brian Larabee leaves the company?
Unvested restricted stock units are generally forfeited if Brian Larabee’s employment ends for reasons other than death, disability, or retirement. If he dies, becomes disabled, or retires before the third anniversary, a pro-rated portion of his remaining unvested units would vest.