SandRidge director granted 9,804 deferred stock units
INTRIERI VINCENT J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
INTRIERI VINCENT J reported acquisition or exercise transactions in this Form 4 filing.
SandRidge Energy director Vincent J. Intrieri reported a grant of 9,804 deferred restricted stock units. These units were awarded at no cash cost and each unit represents a contingent right to receive one share of SandRidge common stock.
The deferred restricted stock units will vest in full on the earlier of the first anniversary of the grant date or the date of the next annual stockholder meeting. They will be settled in common shares on a date Intrieri selects under the company’s Director Deferred Compensation Plan.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Restricted Stock Units | 9,804 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each deferred restricted stock unit ("DSU") represents a contingent right to receive one share of common stock.
- F2. The DSUs will vest in full on the earlier of the first anniversary of the grant date or the date of the next annual meeting of stockholders of the company following the grant date and will be settled in shares of the Issuer's Common Stock on a date selected by the reporting person pursuant to the Issuer's Director Deferred Compensation Plan (the "Plan"), or as otherwise provided by the Plan.
Key Figures
Key Terms
Deferred Restricted Stock Units financial
contingent right financial
Director Deferred Compensation Plan financial
vest in full financial
FAQ
What insider transaction did Vincent J. Intrieri report at SandRidge Energy (SD)?
How many SandRidge Energy deferred restricted stock units were granted to the director?
When do Vincent J. Intrieri’s SandRidge Energy deferred restricted stock units vest?
How will SandRidge Energy (SD) settle the deferred restricted stock units granted to its director?
Does the SandRidge Energy Form 4 show an open-market stock purchase or sale?
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