Director at Emerald Holding (EEX) receives 23,255 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Alicea Michael reported acquisition or exercise transactions in this Form 4 filing.
Emerald Holding, Inc. director Michael Alicea reported receiving an equity grant in the form of 23,255 restricted stock units tied to the company’s common stock. Following this award, his directly held common stock (including the underlying units) totals 145,109 shares.
The restricted stock units will vest on February 25, 2027, as long as he continues serving on the board through that date. Vested units will be settled in common shares no later than 15 days after vesting. If there is a Change in Control under the company’s 2017 Omnibus Equity Plan and he is relieved from board service before that date, all remaining unvested units will fully vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Alicea Michael
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,255 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 145,109 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did Emerald Holding (EEX) report for Michael Alicea?
Emerald Holding reported that director Michael Alicea received an award of 23,255 restricted stock units in respect of the company’s common stock. This is a grant/award acquisition, not an open-market purchase or sale, and increases his directly held equity exposure.
When do Michael Alicea’s new restricted stock units in Emerald Holding (EEX) vest?
The restricted stock units are scheduled to vest on February 25, 2027, subject to Michael Alicea’s continued service on Emerald Holding’s board. After vesting, the units will be settled in shares of common stock within 15 days of the vesting date, according to the award terms.
What happens to Michael Alicea’s Emerald Holding (EEX) restricted stock units if there is a Change in Control?
If a Change in Control, as defined in Emerald Holding’s 2017 Omnibus Equity Plan, occurs before vesting and Michael Alicea is relieved from board service, all then-unvested restricted stock units will become fully vested, accelerating his equity vesting under the award terms.
Is Michael Alicea’s Form 4 transaction in Emerald Holding (EEX) a stock purchase or a grant?
The Form 4 transaction is a grant of restricted stock units, coded as an award or other acquisition, with a price per share of $0.00. It represents equity compensation rather than an open-market stock purchase involving cash consideration for Emerald Holding shares.