Silicon Labs director receives 962-share RSU grant
Sadana Sumit reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Sadana Sumit reported acquisition or exercise transactions in this Form 4 filing.
SILICON LABORATORIES INC. director Sumit Sadana received a grant of 962 restricted stock units (RSUs) of common stock at no cash cost. Each RSU represents the right to receive one share of common stock.
The RSUs will vest in full on the earlier of the first anniversary of the grant date or one day before the company’s next Annual Meeting of Stockholders. After this award, Sadana directly holds 9,982 shares of Silicon Labs common stock, reflecting a modest, compensation-related increase in his equity stake.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $0.0001 par value | 962 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects the grant of restricted stock units (RSUs) that will entitle Reporting Person to receive one (1) share of common stock per RSU. The RSUs will vest completely on the earlier of (i) the first (1st) anniversary of the date of grant, and (ii) the date one day prior to the Annual Meeting of Stockholders in the year following the grant date.
Key Figures
Key Terms
restricted stock units (RSUs) financial
Annual Meeting of Stockholders financial
transaction code "A" regulatory
FAQ
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What insider transaction did SILICON LABORATORIES INC. (SLAB) report for Sumit Sadana?
How many RSUs did Sumit Sadana receive from Silicon Laboratories (SLAB)?
When do Sumit Sadana’s new RSUs in Silicon Laboratories (SLAB) vest?
Was the Silicon Laboratories (SLAB) RSU grant to Sumit Sadana an open-market buy or sell?
What does each RSU granted to Sumit Sadana by Silicon Laboratories (SLAB) represent?
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