Revolve (NYSE: RVLV) director receives 5,297 RSUs grant, now holds 26,175 shares
Rhea-AI Filing Summary
Ruxandra Oana reported acquisition or exercise transactions in this Form 4 filing.
Revolve Group director Ruxandra Oana received a grant of 5,297 restricted stock units (RSUs). The award was made under Revolve Group, Inc.'s 2019 Equity Incentive Plan and is reported as Class A common stock at no cash cost per share.
Each RSU represents the right to receive one share of Class A common stock when it vests. All of the RSUs will vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting, subject to her continued service as a non-employee director. The RSUs will also become fully vested upon a qualifying Change in Control, if she continues serving through that date. Following this grant, Oana holds 26,175 shares of Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,297 shares
Net Buy
1 txn
Insider
Ruxandra Oana
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,297 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 26,175 shares (Direct)
Footnotes (1)
- F1. Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan"). Each RSU represents the right to receive a share of the Issuer's Class A common stock on the date it vests. One hundred percent (100%) of the RSUs will vest upon the earlier of (i) the one-year anniversary of the date of grant of the award or (ii) the day prior to the date of the next annual meeting of the Issuer's stockholders that occurs following the date of grant of the award, in each case, subject to continued service as a non-employee director through the applicable vesting date. In the event of a Change in Control (as defined in the Plan), the RSUs will become fully vested, subject to continued service as a non-employee director through such date.
Key Figures
RSUs granted: 5,297 units
Shares after grant: 26,175 shares
Vesting percentage: 100%
+1 more
4 metrics
RSUs granted
5,297 units
Restricted stock units under 2019 Equity Incentive Plan
Shares after grant
26,175 shares
Class A common stock directly held following transaction
Vesting percentage
100%
RSUs vest in full on earlier of one-year anniversary or before next annual meeting
Grant price
$0.0000 per share
Reported transaction price for granted Class A common stock/RSUs
Key Terms
restricted stock units ("RSUs"), 2019 Equity Incentive Plan, Change in Control
3 terms
restricted stock units ("RSUs") financial
"Represents an equal number of restricted stock units ("RSUs") granted pursuant to the Issuer's 2019 Equity Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2019 Equity Incentive Plan financial
"RSUs granted pursuant to the Issuer's 2019 Equity Incentive Plan (the "Plan")"
Change in Control financial
"In the event of a Change in Control (as defined in the Plan), the RSUs will become fully vested"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Ruxandra Oana’s latest Form 4 show for RVLV?
The Form 4 shows director Ruxandra Oana received 5,297 restricted stock units in Revolve Group, Inc. under the 2019 Equity Incentive Plan, increasing her reported direct holdings to 26,175 Class A common shares following the grant.
How many RSUs were granted to Revolve (RVLV) director Ruxandra Oana?
Ruxandra Oana was granted 5,297 restricted stock units. Each RSU represents the right to receive one share of Revolve Group’s Class A common stock when it vests, with no cash purchase price required from her.
What are the vesting terms of Ruxandra Oana’s 5,297 RVLV RSUs?
All 5,297 RSUs vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting, provided she continues serving as a non-employee director through the applicable vesting date.
How does a Change in Control affect Ruxandra Oana’s RVLV RSUs?
If a Change in Control, as defined in Revolve’s 2019 Equity Incentive Plan, occurs, Ruxandra Oana’s 5,297 RSUs will become fully vested, as long as she continues serving as a non-employee director through the Change in Control date.
Under which plan were Ruxandra Oana’s RVLV RSUs granted?
The 5,297 RSUs were granted under Revolve Group, Inc.’s 2019 Equity Incentive Plan. This plan provides equity-based compensation, such as RSUs, to directors and other eligible participants to align their interests with long-term stockholder value.