Energous GC granted 22,667 RSUs in stock award
Energous Corp (WATT) reported that its General Counsel, Peter M. Weinberg, acquired 22,667 shares of common stock through a one-time refresher grant of restricted stock units (RSUs).
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Rhea-AI Filing Summary
Energous Corp (WATT) reported that its General Counsel, Peter M. Weinberg, acquired 22,667 shares of common stock through a one-time refresher grant of restricted stock units (RSUs). The RSUs vest 33% on the first anniversary of the grant, then in equal quarterly installments over the following two years, subject to continued service. Following this award, Weinberg directly holds 27,500 shares of Energous common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 22,667 | $0.00 | $0.00 |
Footnotes (1)
- F1. Upon recommendation of the issuer's independent compensation consultant, represents a one-time refresher grant of restricted stock units ("RSUs") that vests as to 33% of the RSUs on the first anniversary of the grant, with the remaining RSUs vesting in equal quarterly installments over the subsequent two years, subject to the reporting person's continued service to the issuer on each vesting date. Each RSU represents the contingent right to receive one share of the issuer's common stock.
Key Figures
Key Terms
restricted stock units financial
independent compensation consultant financial
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Energous Corp (WATT) report for Peter M. Weinberg?
What are the vesting terms of the RSUs granted to the Energous (WATT) General Counsel?
Was the Energous (WATT) RSU grant to the General Counsel recommended by an independent advisor?
What does each RSU granted by Energous (WATT) to the General Counsel represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.