Versant Media director awarded 5,119 stock units
HASSELL GERALD L reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
HASSELL GERALD L reported acquisition or exercise transactions in this Form 4 filing.
Versant Media Group, Inc. director Gerald L. Hassell received an equity award of 5,119 deferred restricted stock units (DRSUs) tied to Class A Common Stock, valued at $36.14 per unit. Following this award, he is reported as beneficially owning 17,799 shares or share-equivalents directly.
Each DRSU represents a contingent right to receive one share of Class A Common Stock. The units vest in full on the earlier of June 26, 2027 or the company’s 2027 annual meeting of shareholders, with settlement deferred until his separation from service or specified events such as change in control, death, or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 5,119 | $36.14 | $185K |
Footnotes (1)
- F1. Represents deferred restricted stock units ("DRSUs"). Each DRSU represents a contingent right to receive one share of Class A Common Stock. The DRSUs will vest in full on the earlier of June 26, 2027, or the Company's 2027 annual meeting of shareholders. Settlement of the DRSUs has been deferred until the Reporting Person's separation from service or the earliest to occur of (i) a change in control, (ii) the Reporting Person's death, or (iii) the Reporting Person's disability.
Key Figures
Key Terms
deferred restricted stock units financial
contingent right financial
vest in full financial
change in control financial
FAQ
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What insider transaction did Versant Media Group (VSNT) report for Gerald L. Hassell?
When do Gerald L. Hassell’s Versant Media Group (VSNT) DRSUs vest?
Is Gerald L. Hassell’s Versant Media Group (VSNT) Form 4 a purchase or a compensation grant?
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