SolarEdge Technologies (SEDG) director receives 2,634-share RSU award
Rhea-AI Filing Summary
ATKINS BETSY S reported acquisition or exercise transactions in this Form 4 filing.
SolarEdge Technologies director Betsy S. Atkins received an equity award of 2,634 restricted stock units (RSUs) on common stock. The award was granted at no cash cost per unit as part of her annual compensation for service on the Board of Directors.
The RSUs will vest in full on the earlier of the one-year anniversary of the grant date or the company’s next regular Annual General Meeting of Stockholders, subject to her continued board service. They will also fully vest upon a change in control as defined in the company’s 2015 Amended and Restated Global Incentive Plan and will be settled solely in shares of common stock. Following this grant, Atkins holds 20,007 shares and RSUs in total.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,634 | $0.00 | $0.00 |
Footnotes (2)
- F1. Reflects restricted stock units ("RSUs") granted to the reporting person as an annual award for service on the Board of Directors. The RSUs will vest in full on the earlier of (i) the one-year anniversary of the grant date or (ii) the Company's next regular Annual General Meeting of Stockholders, subject to continued board service through the applicable vesting date. The RSUs will vest in full upon the occurrence of a change in control (as defined in the SolarEdge Technologies, Inc. 2015 Amended and Restated Global Incentive Plan). These RSUs may be settled solely in shares of common stock.
- F2. Reflects shares of common stock held and RSUs that are subject to vesting.
Key Figures
Key Terms
restricted stock units ("RSUs") financial
Annual General Meeting of Stockholders financial
change in control financial
2015 Amended and Restated Global Incentive Plan financial
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