UFP Technologies director granted 802 RSUs
Hassett Joseph John reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Hassett Joseph John reported acquisition or exercise transactions in this Form 4 filing.
UFP Technologies director Joseph John Hassett received an equity award of 802 restricted stock units (RSUs) that will settle in common shares. The grant, priced at $0.00 per share as a compensation award, was made under the company’s 2009 Non-Employee Director Stock Incentive Plan.
The RSUs vest 100% on May 31, 2027, provided he continues to serve as a director through that date. After this grant, Hassett has direct ownership of 2,425 shares of common stock, including the awarded RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $.01 Par Value | 802 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents restricted stock units issued under the issuer's 2009 Non-Employee Director Stock Incentive Plan that are to be settled solely in shares of Common Stock. The units vest with respect to 100% of the shares on May 31, 2027, so long as the recipient continues as a director of the Issuer through the vesting date.
Key Figures
Key Terms
restricted stock units financial
2009 Non-Employee Director Stock Incentive Plan financial
vest financial
FAQ
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What did UFP Technologies (UFPT) director Joseph John Hassett report on this Form 4?
What are the vesting terms of the 802 restricted stock units granted to Hassett at UFPT?
Under which plan were Joseph John Hassett’s UFP Technologies restricted stock units issued?
AI-generated analysis. How Rhea-AI works. Not financial advice.