Revolve director awarded 2,186 RSUs
Revolve Group, Inc. director Erinn Elisabeth Murphy reported receiving 2,186 shares of Class A common stock in the form of restricted stock units granted under the company’s 2019 Equity Incentive Plan.
Rhea-AI Filing Summary
Revolve Group, Inc. director Erinn Elisabeth Murphy reported receiving 2,186 shares of Class A common stock in the form of restricted stock units granted under the company’s 2019 Equity Incentive Plan. This is a compensation-related award, not an open-market purchase or sale.
Each RSU converts into one share when it vests. All 2,186 RSUs vest in full 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. The RSUs also become fully vested upon a qualifying Change in Control if she remains in service through that date.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,186 | $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.
FAQ
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What insider transaction did Erinn Murphy report at Revolve Group (RVLV)?
When do Erinn Murphy’s RSUs at Revolve Group (RVLV) vest?
What happens to Erinn Murphy’s RSUs if there is a Change in Control at RVLV?
Is Erinn Murphy’s Form 4 transaction in RVLV a stock purchase or a grant?
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