Tenon Medical appoints Thomas Henry Batton Jr.
The vesting schedule places one-third on October 1, 2027, with the remaining two-thirds vesting in four equal semi-annual installments, subject to continued service.
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Rhea-AI Filing Summary
Tenon Medical, Inc. reported that Chief Revenue Officer Thomas Henry Batton Jr. received a grant of 10,000 restricted stock units upon his appointment. Each RSU represents a contingent right to receive one common share upon vesting. The award was made under the Tenon Medical, Inc. 2022 Equity Incentive Plan and vests over three years, subject to continued service; it has no expiration date.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units F1, F2 | -- | -- | -- |
Footnotes (2)
- F1. Represents a grant of restricted stock units ("RSUs") under the Tenon Medical, Inc. 2022 Equity Incentive Plan, as amended, upon the Reporting Person's appointment to serve as a Chief Revenue Officer of the Issuer. Each RSU represents a contingent right to receive one share of the Issuer's common stock, par value $0.001 per share, upon vesting.
- F2. The RSUs vest over three years, with one-third vesting on October 1, 2027 and the remaining two-thirds vesting in four equal semi-annual installments thereafter, subject to the Reporting Person's continued service. The RSUs do not have an expiration date.
Key Figures
Key Terms
restricted stock units financial
contingent right financial
vesting financial
2022 Equity Incentive Plan financial
FAQ
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How many RSUs did Tenon Medical's chief revenue officer receive?
What is the vesting schedule for Tenon Medical's RSU grant?
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