TG Therapeutics director granted 8,325 stock units
HUME DANIEL reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
HUME DANIEL reported acquisition or exercise transactions in this Form 4 filing.
TG Therapeutics director Daniel Hume reported a compensation grant of 8,325 Stock Tracking Units (STUs). Each STU is a contingent right to receive either one share of common stock or a cash payment equal to the fair market value of one share, no later than 30 days after the first anniversary of the grant date. The STUs vest on the first anniversary only if he remains in continuous service with the company, and he now holds 8,325 STUs directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Tracking Unit | 8,325 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each stock tracking unit ("STU") represents a contingent right to receive either (determined at the sole discretion of the committee of the Board of Directors of the Issuer that administers the Issuer's 2022 Incentive Plan) (i) one share of the Issuer's common stock or (ii) a cash payment equal to the fair market value of one share of the Issuer's common stock, no later than thirty (30) days after the first anniversary of the date of grant.
- F2. Provided the Reporting Person remains in continuous service with the Issuer through the vesting date, the STUs shall vest upon the first anniversary of the date of grant.
Key Figures
Key Terms
Stock Tracking Unit financial
contingent right financial
fair market value financial
vesting financial
2022 Incentive Plan financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did TG Therapeutics (TGTX) director Daniel Hume report?
What is a Stock Tracking Unit (STU) in the TG Therapeutics (TGTX) Form 4?
When do Daniel Hume’s TG Therapeutics (TGTX) Stock Tracking Units vest?
Does the TG Therapeutics (TGTX) Form 4 show Daniel Hume buying or selling stock?
How many TG Therapeutics (TGTX) Stock Tracking Units does Daniel Hume hold after this grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.