SoundHound AI CEO granted new RSUs and PSUs
MOHAJER KEYVAN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MOHAJER KEYVAN reported acquisition or exercise transactions in this Form 4 filing.
SoundHound AI CEO, director, and 10% owner Keyvan Mohajer reported equity awards tied to Class A Common Stock. He received 1,500,000 restricted stock units under the 2022 Incentive Award Plan, vesting in 36 equal monthly installments, and 375,000 performance stock units that vest only if stock-price targets are met during a performance window ending July 31, 2029.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 1,500,000 | $0.00 | $0.00 |
| Grant/Award | Class A Common Stock F2 | 375,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents a grant of restricted stock units under the SoundHound AI, Inc. 2022 Incentive Award Plan. These restricted stock units vest in 36 equal monthly installments.
- F2. Represents a grant of Performance Stock Units ("PSUs") under the SoundHound AI, Inc. 2022 Incentive Award Plan. Each PSU represents a contingent right to receive one share of Class A Common Stock. The PSUs will satisfy the performance-based vesting condition if the closing sales price of the Company's Common Stock reaches certain levels during the performance window ending July 31, 2029.
Key Figures
Key Terms
restricted stock units financial
Performance Stock Units financial
2022 Incentive Award Plan financial
performance-based vesting condition financial
contingent right financial
FAQ
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What equity awards did SOUNDHOUND AI (SOUN) CEO Keyvan Mohajer report?
How do the RSUs granted to SOUN’s CEO vest?
What conditions apply to the PSUs granted to SoundHound AI (SOUN) CEO?
Under which plan were the new SOUN CEO equity awards granted?
Were the reported SOUN CEO transactions market purchases or compensation grants?
AI-generated analysis. How Rhea-AI works. Not financial advice.