TransMedics (TMDX) CCO granted stock options and 11,082 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TransMedics Group, Inc. Chief Commercial Officer Giovanni Cecere reported equity awards consisting of stock options and restricted stock units. He was granted options to purchase 16,734 shares of common stock at an exercise price of $0.00 per share and 11,082 restricted stock units, each representing one share of common stock.
The option award vests as to 25% of the underlying shares on February 18, 2027, with the remaining shares vesting in equal monthly installments over the following three years, subject to continued service. The RSU grant reflects additional direct equity-based compensation tied to the company’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Cecere Giovanni
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 16,734 | $0.00 | -- |
| Grant/Award | Common Stock | 11,082 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 16,734 shares (Direct);
Common Stock — 19,057 shares (Direct)
Footnotes (1)
- Consists of 11,082 restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of the Issuer's common stock. The option vests as to 25% of the shares underlying the option on February 18, 2027 and as to the remaining shares in equal monthly installments over three years thereafter, subject to continued service.
FAQ
What insider transactions did TransMedics (TMDX) report for Giovanni Cecere?
TransMedics reported that Chief Commercial Officer Giovanni Cecere acquired equity awards. He received options for 16,734 shares at an exercise price of $0.00 and 11,082 restricted stock units, each representing one share of common stock, as part of his equity compensation.
How many restricted stock units did Giovanni Cecere receive from TransMedics (TMDX)?
Giovanni Cecere received 11,082 restricted stock units. Each RSU represents a contingent right to receive one share of TransMedics’ common stock, linking part of his compensation directly to the company’s share value over time as the units vest.
What is the vesting schedule for Giovanni Cecere’s new stock options at TransMedics (TMDX)?
The option grant vests 25% of the underlying 16,734 shares on February 18, 2027. The remaining shares then vest in equal monthly installments over the next three years, subject to Mr. Cecere’s continued service with TransMedics.
Are Giovanni Cecere’s new TransMedics (TMDX) equity awards direct holdings?
Yes, the reported equity awards are categorized as directly owned. Both the 16,734 stock options and the 11,082 restricted stock units are listed with direct ownership, meaning they are attributed personally to Giovanni Cecere rather than to an external entity.
Does the TransMedics (TMDX) Form 4 show any stock sales by Giovanni Cecere?
The Form 4 shows only acquisitions through grants and awards, with no sales reported. Both transactions are coded as awards (code A), indicating grants of options and restricted stock units rather than any disposition or sale of existing TransMedics shares.
What does transaction code "A" mean in the TransMedics (TMDX) Form 4 for Giovanni Cecere?
Transaction code “A” indicates a grant, award, or other acquisition of securities. In this case, it reflects the award of 16,734 stock options and 11,082 restricted stock units to Giovanni Cecere as part of his equity-based compensation package.