Waters director awarded 67.42 stock units
Waters Corp director Wei Jiang reported a grant of common stock units received as board compensation.
Rhea-AI Filing Summary
Waters Corp director Wei Jiang reported a grant of common stock units received as board compensation. On this Form 4, Jiang acquired 67.42 common stock units at a stated price of $0.00 per unit, increasing direct holdings to 3,572.75 common stock units.
According to the filing, these units were received in lieu of cash payment of director fees under Waters Corp's 1996 Non-Employee Director Deferred Compensation Plan. Each common stock unit is convertible into one share of Waters Corp common stock upon distribution, which will occur automatically when Jiang's service on the board terminates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 67.42 | $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 automatically upon the Reporting Person's termination of service as a member of the Issuer's Board of Directors.
Key Figures
Key Terms
1996 Non-Employee Director Deferred Compensation Plan financial
common stock units financial
Grant, award, or other acquisition financial
Form 4 regulatory
FAQ
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What insider transaction did Wei Jiang report at Waters Corp (WAT)?
How many Waters Corp (WAT) common stock units does Wei Jiang hold after this Form 4?
What is the nature of the 67.42 units reported by Wei Jiang at Waters Corp (WAT)?
Was Wei Jiang’s Form 4 transaction in Waters Corp (WAT) a market purchase or sale?
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