Rapid Micro director granted stock and options
RAPID MICRO BIOSYSTEMS, INC. director Melinda Litherland received equity-based compensation consisting of restricted stock units and stock options.
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Rhea-AI Filing Summary
RAPID MICRO BIOSYSTEMS, INC. director Melinda Litherland received equity-based compensation consisting of restricted stock units and stock options.
She was granted 19,300 shares of Class A Common Stock as restricted stock units that vest in full on the earlier of the first anniversary of the grant date or the day immediately before the next annual stockholder meeting, if she remains in continuous service.
She was also granted options on 38,700 shares of Class A Common Stock at an exercise price of $2.07 per share, which vest on the same schedule and expire on May 20, 2036. Following these grants, she directly owns 87,900 shares of Class A Common Stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 38,700 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock | 19,300 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of restricted stock units ("RSUs") that vests in full on the earlier of (i) the first anniversary of the Grant Date, or (ii) the day immediately prior to the date of the next annual meeting of the stockholders of the Company provided that the Reporting Person remains in continuous service on such vesting date.
- F2. The option shall vest and become exercisable in full on the earlier of (i) the first anniversary of the Grant Date, or (ii) the day immediately prior to the date of the next annual meeting of the stockholders of the Company provided that the Reporting Person remains in continuous service on such vesting date.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Stock Option (Right to Buy) financial
continuous service financial
annual meeting of the stockholders financial
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