Super Micro Computer grants CFO 120,000 stock units
Both awards are subject to continued service, with vesting scheduled to begin in November 2027.
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Rhea-AI Filing Summary
Super Micro Computer, Inc. (SMCI) granted its SVP and Chief Financial Officer, Mark P. Long, 120,000 restricted stock units and 150,000 stock options on November 6, 2026. Subject to continued service, 25% of the restricted stock units vest on November 10, 2027, followed by 1/16th at the end of each three-month period. The options vest and become exercisable 1/4 on November 6, 2027, followed by 1/16th at the end of each three-month period; they have a $28.76 per-share exercise price and expire November 6, 2036.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1, F2 | 120,000 | $0.00 | $0.00 |
| Grant/Award | Employee Stock Option (right to buy) F3 | 150,000 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of SMCI common stock.
- F2. Subject to the Reporting Person's continued service to SMCI, the restricted stock units vest at the rate of 25% of the total number of units on November 10, 2027 and 1/16th at the end of each three-month period thereafter. Vested units are settled in shares of SMCI common stock.
- F3. Subject to the Reporting Person's continued service to SMCI, the total number of shares subject to the option shall vest and become exercisable at the rate of 1/4th of the shares on the first anniversary of the vesting commencement date on November 6, 2027, and 1/16th at the end of each three-month period thereafter.
Key Figures
Key Terms
Restricted Stock Units financial
contingent right financial
vest and become exercisable financial
FAQ
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How many restricted stock units and options did Mark P. Long receive from SMCI?
What does an SMCI restricted stock unit represent?
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