Solid Power (SLDP) director receives 44,133 restricted stock units as equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Solid Power, Inc. director Aleksandra A. Miziolek received an award of 44,133 restricted stock units of common stock. These units were granted at no cash cost per share and will each convert into one share of common stock when they vest.
The restricted stock units vest on the earlier of the first anniversary of the grant date or the day before Solid Power, Inc.’s next annual meeting of stockholders, provided she continues as a service provider under the company’s 2021 Equity Incentive Plan through that date. After this grant, she holds 341,062 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miziolek Aleksandra A
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44,133 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 341,062 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 44,133 units
Grant price: $0.0000 per share
Shares held after grant: 341,062 shares
+1 more
4 metrics
RSUs granted
44,133 units
Restricted stock units of common stock granted to director
Grant price
$0.0000 per share
Equity award, non-cash compensation
Shares held after grant
341,062 shares
Director’s direct common stock ownership post-transaction
Vesting schedule
Earlier of 1-year anniversary or day before next annual meeting
Subject to continued service as a service provider
Key Terms
restricted stock units, Solid Power, Inc. 2021 Equity Incentive Plan, annual meeting of stockholders
3 terms
restricted stock units financial
"Represents restricted stock units, which upon vesting of the unit, represent the right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Solid Power, Inc. 2021 Equity Incentive Plan financial
"subject to the reporting person continuing to be a service provider (as defined in the Solid Power, Inc. 2021 Equity Incentive Plan)"
annual meeting of stockholders financial
"the day before the issuer's next annual meeting of stockholders following the grant date"
FAQ
What did Solid Power (SLDP) director Aleksandra Miziolek receive in this Form 4?
She received 44,133 restricted stock units of Solid Power common stock. Each unit represents the right to receive one share upon vesting, granted at no cash cost per share as equity-based compensation under the company’s 2021 Equity Incentive Plan.
How do the new restricted stock units for SLDP’s director vest?
The restricted stock units vest on the earlier of the first anniversary of the grant date or the day before Solid Power’s next annual stockholders’ meeting. Vesting is conditioned on the director continuing to serve as a service provider through the applicable vesting date.
Was the SLDP director’s equity award a market purchase or a compensation grant?
It was a compensation grant, coded as a grant, award, or other acquisition. The 44,133 restricted stock units were awarded at a price of $0.0000 per share, reflecting non-cash equity compensation rather than an open-market stock purchase.
What plan governs the restricted stock units granted to the SLDP director?
The units were granted under the Solid Power, Inc. 2021 Equity Incentive Plan. This plan defines service providers, outlines vesting conditions, and governs how restricted stock units convert into shares of common stock upon satisfaction of the vesting requirements.