Director at Emerald Holding (EEX) awarded 23,255 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Emerald Holding, Inc. reported that director Lynda M. Clarizio acquired an award of 23,255 restricted stock units tied to the company’s common stock, at a grant price of $0.00 per unit. These units are scheduled to vest on February 25, 2027, if she continues serving on the board.
After this grant, her reported holdings of common stock total 137,708 shares. The units will be settled in common shares no later than 15 days after vesting. If there is a defined Change in Control before that date and she ceases board service, all unvested units become fully vested.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
CLARIZIO LYNDA M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 23,255 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 137,708 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Emerald Holding (EEX) report for Lynda M. Clarizio?
Emerald Holding reported that director Lynda M. Clarizio received a grant of 23,255 restricted stock units tied to its common stock. The award was recorded at a grant price of $0.00 per unit and reflects equity-based compensation rather than an open-market share purchase.
When do Lynda M. Clarizio’s 23,255 Emerald Holding restricted stock units vest?
The 23,255 restricted stock units granted to Lynda M. Clarizio are scheduled to vest on February 25, 2027. Vesting is conditioned on her continued service on Emerald Holding’s board of directors through that date, according to the terms described in the Form 4 footnote.
How and when will the Emerald Holding (EEX) restricted stock units be settled?
Once vested, Lynda M. Clarizio’s restricted stock units will be settled in shares of Emerald Holding common stock. Settlement must occur no later than 15 days after the February 25, 2027 vesting date, providing a defined window for share delivery under the award terms.
What happens to Lynda M. Clarizio’s Emerald Holding RSUs if there is a Change in Control?
If a Change in Control, as defined in Emerald Holding’s 2017 Omnibus Equity Plan, occurs before February 25, 2027 and she leaves the board, all unvested restricted stock units will fully vest. This provision accelerates vesting upon both a Change in Control and end of board service.
Is Lynda M. Clarizio’s Emerald Holding (EEX) award an open-market stock purchase?
No, the Form 4 describes the transaction as a grant of restricted stock units with a $0.00 grant price. This indicates an equity compensation award rather than an open-market buy or sell transaction involving cash paid or received for Emerald Holding common shares.