Stereotaxis director awarded 43,103 restricted stock units
Fischel Nathan reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Fischel Nathan reported acquisition or exercise transactions in this Form 4 filing.
Stereotaxis, Inc. director and ten percent owner Nathan Fischel reported a grant of 43,103 restricted share units of common stock. The award has a grant price of $0.00 per unit, reflecting a compensation-related equity grant rather than an open-market purchase.
These restricted share units vest on the earliest of the fifth anniversary of the award date, the end of his board service, or a defined Change of Control. Following this grant, Fischel holds 720,775 shares of common stock directly. A separate line shows 13,680,554 shares held indirectly by funds managed by DAFNA Capital Management LLC, where he serves as Chief Executive Officer.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 43,103 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Grant of restricted share units. Each restricted share unit represents a right to receive one share of common stock. The restricted share units vest on the earliest to occur of (i) the fifth anniversary of the date of the award, (ii) the date on which the service of the director on the board of directors terminates, or (iii) a Change of Control (as defined in the award documents).
- F2. Held by funds of which DAFNA Capital Management LLC, a Delaware Limited Liability Company, is the investment manager and general partner. Dr. Fischel is the Chief Executive Officer of DAFNA Capital Management, LLC.
AI-generated analysis. How Rhea-AI works. Not financial advice.