Solid Power (SLDP) director granted 44,133 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wright MaryAnn reported acquisition or exercise transactions in this Form 4 filing.
Solid Power, Inc. director MaryAnn Wright reported receiving a grant of 44,133 restricted stock units (RSUs), each representing one share of common stock when vested. These RSUs vest on the earlier of the first anniversary of the grant date or the day before Solid Power’s next annual stockholder meeting, provided she continues as a service provider. Following this award, Wright’s direct holdings total 331,730 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wright MaryAnn
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 44,133 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 331,730 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 44,133 units
Shares after transaction: 331,730 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSUs granted
44,133 units
Restricted stock units awarded to director MaryAnn Wright
Shares after transaction
331,730 shares
MaryAnn Wright direct holdings following the RSU grant
Grant price
$0.00 per share
RSUs granted as a compensation award, no cash price
Vesting trigger 1
First anniversary of grant date
One of the vesting conditions for the RSUs
Vesting trigger 2
Day before next annual meeting
Alternative vesting date for the RSUs
Key Terms
restricted stock units, vesting, annual meeting of stockholders, Equity Incentive Plan
4 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.
vesting financial
"The restricted stock units vest upon the earlier of: (i) the first anniversary of the grant date"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
annual meeting of stockholders financial
"or (ii) the day before the issuer's next annual meeting of stockholders following the grant date"
Equity Incentive Plan financial
"as defined in the Solid Power, Inc. 2021 Equity Incentive Plan) through such vesting date"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
FAQ
What insider transaction did Solid Power (SLDP) report for MaryAnn Wright?
Solid Power reported that director MaryAnn Wright received a grant of 44,133 restricted stock units. Each RSU converts into one share of common stock upon vesting, increasing her direct holdings to 331,730 shares after the award.
What are the vesting conditions for MaryAnn Wright’s 44,133 RSUs at Solid Power (SLDP)?
The 44,133 restricted stock units vest on the earlier of the first anniversary of the grant date or the day before Solid Power’s next annual stockholder meeting, provided Wright continues as a service provider under the 2021 Equity Incentive Plan.
What does a transaction code "A" mean in the Solid Power (SLDP) Form 4 for MaryAnn Wright?
Transaction code “A” indicates a grant, award, or similar acquisition. In this case, MaryAnn Wright received 44,133 restricted stock units of Solid Power common stock as a compensation award, which will convert into shares once vesting requirements are met.