Board member at SolarEdge (NASDAQ: SEDG) receives 2,634 RSUs
Rhea-AI Filing Summary
GECHT GUY reported acquisition or exercise transactions in this Form 4 filing.
SolarEdge Technologies director Guy Gecht received an equity grant tied to board service. He was awarded 2,634 restricted stock units (RSUs) that may be settled in common stock, bringing his direct holdings, including unvested RSUs, to 27,323 shares and RSUs.
The RSUs 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 continued board service. They will also vest in full upon a change in control as defined in SolarEdge’s 2015 Amended and Restated Global Incentive Plan.
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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