Energous grants 3,021 RSUs to director Patel
Energous Corp (WATT) reported that a board member received an equity compensation award.
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Rhea-AI Filing Summary
Energous Corp (WATT) reported that a board member received an equity compensation award. The reporting person, a director, acquired 3,021 shares of common stock in the form of restricted stock units (RSUs) at a stated price of $0.00 per share. Following this award, the director now holds 5,579 shares of Energous common stock directly. The RSUs vest in four equal quarterly installments from the grant date, contingent on the director’s continued service to Energous on each vesting date, with each vested RSU settling into one share of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,021 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents an award of restricted stock units ("RSUs") that vests in four equal quarterly installments from the grant date, 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
vests in four equal quarterly installments financial
contingent right financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Energous Corp (WATT) disclose for director Rahul G. Patel?
What are the director’s Energous (WATT) holdings after this reported transaction?
How do the Energous (WATT) RSUs granted to the director vest?
Was the Energous (WATT) RSU award granted at a purchase price?
AI-generated analysis. How Rhea-AI works. Not financial advice.