Unicycive EVP granted 169,500 RSUs
Jermasek Douglas reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jermasek Douglas reported acquisition or exercise transactions in this Form 4 filing.
Unicycive Therapeutics, Inc. reported that EVP of Corporate Strategy Douglas Jermasek received a grant of 169,500 restricted stock units (RSUs) payable solely in common stock.
The RSU award vests in three equal installments, with 1/3 vesting on each anniversary of the grant date over three years, contingent on his continued service with the company. Following this grant, he is reported as holding 169,500 underlying shares tied to this RSU award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 169,500 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents grant of restricted stock units (the "RSU Award") payable solely in common stock of the Issuer. The shares subject to the RSU award vest 1/3 on the anniversary of the grant date for 3 years, subject to the Reporting Person's continued service with the Issuer.
Key Figures
Key Terms
Restricted Stock Units financial
RSU Award financial
vest financial
continued service financial
FAQ
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What insider transaction did Unicycive (UNCY) report for Douglas Jermasek?
How many Unicycive (UNCY) RSUs were granted to the EVP of Corporate Strategy?
What is the vesting schedule for Douglas Jermasek’s Unicycive (UNCY) RSU award?
Is Douglas Jermasek’s Unicycive (UNCY) Form 4 transaction a stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.