Vontier CEO granted stock options and RSUs
Vontier Corp President and CEO Mark D. Morelli reported new equity awards and a related tax share withholding.
Rhea-AI Filing Summary
Vontier Corp President and CEO Mark D. Morelli reported new equity awards and a related tax share withholding. He received a grant of 62,500 employee stock options at an exercise price of $0.0000 per share. The options vest 50% on the first anniversary of the grant date and 25% on each of the second and third anniversaries.
He was also granted restricted stock units covering 61,960 and 40,623 shares of common stock at no cost, which vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment. Separately, 8,679 shares of common stock were disposed of at $41.79 per share to satisfy tax withholding obligations, and were not an open-market sale. Following these transactions, he directly owns 571,393 shares of common stock and 62,500 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option | 62,500 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 | 61,960 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.0001 | 40,623 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.0001 | 8,679 | $41.79 | $363K |
Footnotes (2)
- F1. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date, subject to continued employment.
- F2. 50% of the options vest on the first anniversary of the grant date and 25% of the options vest on each of the second and third anniversaries of the grant date.
FAQ
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What did Vontier (VNT) CEO Mark D. Morelli report on this Form 4?
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