Waters director Jiang Wei granted stock units
Jiang Wei reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Jiang Wei reported acquisition or exercise transactions in this Form 4 filing.
Waters Corp director Jiang Wei reported an equity-based compensation grant. On this Form 4, Jiang received 64.06 common stock units in lieu of cash director fees under the company’s 1996 Non-Employee Director Deferred Compensation Plan.
The units are convertible into shares of Waters common stock on a one-for-one basis and are scheduled to be distributed on January 1, 2036, pursuant to a prior election. After this award, Jiang directly holds 3,505.33 common stock units/shares-equivalent.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 64.06 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents common stock units received in lieu of cash payment of director fees pursuant to the Issuer's 1996 Non-Employee Director Deferred Compensation Plan. Common stock units are convertible into shares of the Issuer's common stock on a one-for-one basis upon distribution, which will occur on January 1, 2036, pursuant to an election previously made by the Reporting Person.
Key Figures
Key Terms
common stock units financial
1996 Non-Employee Director Deferred Compensation Plan financial
one-for-one basis financial
distribution financial
FAQ
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When will Jiang Wei’s Waters (WAT) common stock units be distributed?
What plan governs Jiang Wei’s stock unit grant at Waters (WAT)?
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