comScore (SCOR) CEO granted time-based and performance RSU awards
Rhea-AI Filing Summary
McLaughlin Matthew F. reported acquisition or exercise transactions in this Form 4 filing.
COMSCORE, INC. Chief Executive Officer Matthew F. McLaughlin reported two new equity awards in the form of restricted stock units (RSUs). He received 400,000 time-based RSUs that vest in three equal annual installments beginning on 5/28/2027, subject to continued employment.
He also received 303,030 performance-based RSUs that are eligible to vest on 5/28/2029 if specified stock price goals between $14.50 and $22.50 are achieved on or before that date. Each RSU represents a contingent right to receive one share of comScore common stock, with vested units delivered upon separation from service or a change in control, as outlined in the award agreements.
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Insights
CEO receives new time-based and performance RSUs as part of equity compensation.
comScore’s CEO, Matthew F. McLaughlin, was granted 400,000 time-based RSUs and 303,030 performance-based RSUs under the 2018 Equity and Incentive Compensation Plan. These awards are stock-based compensation, not open-market purchases or sales, and therefore carry limited trading signal.
The time-based RSUs vest in three annual tranches starting on 5/28/2027, encouraging retention. The performance-based RSUs can vest on 5/28/2029 only if stock price goals between $14.50 and $22.50 are achieved, aligning a portion of CEO pay with longer-term share price performance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 303,030 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 400,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of the Company's common stock.
- F2. This restricted stock unit award was granted pursuant to the terms of the comScore, Inc. 2018 Equity and Incentive Compensation Plan and a compensation agreement with the reporter. This award vests in three equal annual installments beginning on 5/28/2027 subject to the reporter's continued employment with the Company through each vesting date. Vested units will be deferred and delivered in shares of common stock on the earlier of a separation from service or a change in control of the Company, as set forth in the applicable award agreement.
- F3. This performance-based restricted stock unit award was granted pursuant to the terms of the comScore, Inc. 2018 Equity and Incentive Compensation Plan and a compensation agreement with the reporter. This award will be eligible to vest on 5/28/2029 subject to the achievement of certain stock price goals ranging from $14.50 to $22.50 on or prior to the vesting date. The reporter may earn up to 100% of the number of performance-based restricted stock units granted, depending on the level of achievement. Vested units will be deferred and delivered in shares of common stock on the earlier of a separation from service or a change in control of the Company, as set forth in the applicable award agreement.
Key Figures
Key Terms
Restricted Stock Units financial
performance-based restricted stock unit financial
2018 Equity and Incentive Compensation Plan financial
change in control financial
stock price goals financial
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