Sempra director granted 136.81 phantom shares
Taylor Jack T reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Taylor Jack T reported acquisition or exercise transactions in this Form 4 filing.
Sempra director Jack T. Taylor reported a grant of 136.81 phantom shares of Sempra common stock as director compensation. The phantom shares were valued at $91.37 per share for this award and increase his directly held phantom share balance to 43,573.81 shares.
The phantom shares are structured as a derivative security convertible into common stock on a 1-for-1 basis. Vested phantom shares are immediately exercisable, and the award has no stated expiration date. The total balance includes 1,498.77 unvested restricted phantom shares that may be forfeited if his board service ends before vesting, except in cases of death, disability, or removal without cause.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 136.81 | $91.37 | $13K |
Footnotes (5)
- F1. Phantom shares of Sempra Common Stock acquired as director compensation.
- F2. Conversion of Derivative Security is 1 for 1.
- F3. Date exercisable is immediate for shares that have vested.
- F4. Expiration date is Not Applicable.
- F5. Total includes 1,498.77 unvested restricted phantom shares that are subject to forfeiture if service as a director terminates prior to vesting for any reason other than death, disability or removal without cause.
Key Figures
Key Terms
Derivative Security financial
director compensation financial
vesting financial
FAQ
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What insider transaction did Sempra (SRE) report for Jack T. Taylor?
Does this Sempra (SRE) Form 4 show a market purchase or sale of common stock?
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