VLGEA CFO granted 16,406 restricted shares
Van Orden John L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Van Orden John L reported acquisition or exercise transactions in this Form 4 filing.
Village Super Market Inc. Chief Financial Officer and Treasurer John L. Van Orden received a grant of 16,406 shares of Class A common stock as restricted stock compensation, increasing his direct holdings to 40,023 shares. The award was issued under the Village Super Market, Inc. 2016 Stock Plan at no cash purchase price.
The restricted shares vest in stages, subject to his continued employment with the company. One-half of the shares vest on March 16, 2027, one-third vest on March 14, 2028, and the remaining shares vest on March 13, 2029, spreading the compensation over several years.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | CLASS A COMMON STOCK | 16,406 | $0.00 | $0.00 |
Footnotes (1)
- F1. Shares of restricted stock issued pursuant to the Village Super Market, Inc. 2016 Stock Plan. The shares vest in three installments, subject to the Reporting Person's continued employment with the Issuer through each applicable vesting date, as follows: one-half of the shares vest on March 16, 2027; one-third of the shares vest on March 14, 2028; and the remaining shares vest on March 13, 2029.
Key Figures
Key Terms
restricted stock financial
2016 Stock Plan financial
vesting financial
FAQ
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