Revolve Group (RVLV) director granted 5,297 RSUs under 2019 equity plan
Rhea-AI Filing Summary
COX MELANIE reported acquisition or exercise transactions in this Form 4 filing.
Revolve Group, Inc. director Melanie Cox received a grant of 5,297 restricted stock units of Class A common stock as director compensation. The award was made at no cash cost and raises her direct holdings to 32,887 shares. All RSUs vest in a single tranche after roughly one year or just before the next annual shareholder meeting, subject to continued board service, and will fully vest earlier if there is a qualifying Change in Control.
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Insights
Routine one-year RSU grant to outside director, no cash trading.
Director Melanie Cox was granted 5,297 restricted stock units of Revolve Group, Inc. Class A common stock as part of the 2019 Equity Incentive Plan. The grant carries a zero-dollar exercise price and represents standard non-employee director equity compensation.
The RSUs vest 100% on the earlier of the one-year anniversary of the grant date or the day before the next annual stockholder meeting, conditioned on continued board service. A qualifying Change in Control under the plan would accelerate vesting. This is a non-cash award and does not involve open-market buying or selling of shares.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,297 | $0.00 | $0.00 |
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
Key Terms
restricted stock units financial
2019 Equity Incentive Plan financial
Change in Control financial
non-employee director financial
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