SPWH (NASDAQ: SPWH) director granted 62,992 restricted stock units in equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TUCCI MICHAEL D reported acquisition or exercise transactions in this Form 4 filing.
SPORTSMAN'S WAREHOUSE HOLDINGS, INC. director Michael D. Tucci received a grant of 62,992 restricted stock units of Common Stock. These units vest in twelve substantially equal monthly installments, starting one month after the grant date, contingent on his continued board service. Following this grant, he directly holds 136,105 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TUCCI MICHAEL D
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 62,992 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 136,105 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 62,992 units
Shares after transaction: 136,105 shares
Vesting schedule: 12 monthly installments
+2 more
5 metrics
RSU grant size
62,992 units
Restricted stock units granted to director Michael D. Tucci
Shares after transaction
136,105 shares
Direct Common Stock holdings after grant
Vesting schedule
12 monthly installments
RSUs vest in twelve substantially equal installments
Price per share
$0.0000
Grant recorded with no cash price per share
Transaction code
A
Grant, award, or other acquisition of non-derivative security
Key Terms
restricted stock units, vesting date, monthly anniversary, Common Stock
4 terms
restricted stock units financial
"Grant of restricted stock units that vest in twelve substantially equal installments"
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 date financial
"subject to the Reporting Person's continued service as a director through each vesting date"
monthly anniversary financial
"an additional installment vesting on each monthly anniversary of the date of grant"
Common Stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did SPWH director Michael D. Tucci report?
Michael D. Tucci reported receiving a grant of 62,992 restricted stock units of SPWH Common Stock. The Form 4 shows this as a compensation-related award, not an open-market purchase or sale, with no cash price per share disclosed for the grant.
How do Michael D. Tucci’s new SPWH restricted stock units vest?
The 62,992 restricted stock units vest in twelve substantially equal monthly installments. The first installment vests one month after the grant date, and additional installments vest on each monthly anniversary, conditioned on Tucci’s continued service as a director throughout the vesting period.
Was the SPWH Form 4 transaction a stock purchase or sale?
The SPWH Form 4 for Michael D. Tucci does not show a purchase or sale. It reports an acquisition coded as a grant or award of 62,992 restricted stock units, a typical equity compensation event rather than an open-market trading transaction.
What does each SPWH restricted stock unit granted to Michael D. Tucci represent?
Each restricted stock unit granted to Michael D. Tucci represents the right to receive one share of SPWH Common Stock. Delivery of shares occurs as units vest according to the monthly schedule, provided he continues serving as a director through each vesting date.