National CineMedia (NCMI) director awarded 32,346 restricted stock units vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Campbell Kotzman Kelly reported acquisition or exercise transactions in this Form 4 filing.
National CineMedia, Inc. director Campbell Kotzman Kelly received a grant of 32,346 restricted stock units as equity compensation. Each unit represents one share of common stock. All 32,346 RSUs are scheduled to vest on May 7, 2027, if Kelly remains a director through that date.
After this grant, Kelly’s reported derivative holdings from this award total 32,346 underlying shares of common stock, which will be delivered as soon as practicable after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Campbell Kotzman Kelly
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 32,346 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 32,346 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents the right to receive one share of the Issuer's common stock. The restricted stock units are scheduled to vest on May 7, 2027, provided the reporting person continues to be a director of the Issuer on that date. The restricted stock units will convert to shares of the Issuer's common stock and the shares will be delivered to the reporting person as soon as practicable following the vesting date.
Key Figures
RSUs granted: 32,346 units
Underlying common shares: 32,346 shares
Grant price per unit: $0.0000
+2 more
5 metrics
RSUs granted
32,346 units
Grant of restricted stock units to director
Underlying common shares
32,346 shares
Each RSU equals one share of common stock
Grant price per unit
$0.0000
Non-cash equity award, no exercise price
Vesting date
May 7, 2027
RSUs vest if director continues service through this date
Holdings after grant (RSU-related)
32,346 units
Total restricted stock units from this award following transaction
Key Terms
Restricted Stock Units, vest, common stock
3 terms
Restricted Stock Units financial
"Each restricted stock unit represents the right to receive one share of the Issuer's common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vest financial
"The restricted stock units are scheduled to vest on May 7, 2027, provided the reporting person continues to be a director"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
common stock financial
"Each restricted stock unit represents the right to receive one share of the Issuer's common stock."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did National CineMedia (NCMI) director Campbell Kotzman Kelly report in this Form 4?
Kelly reported receiving 32,346 restricted stock units as equity compensation. Each restricted stock unit represents one share of National CineMedia common stock, increasing the director’s potential future ownership if the RSUs vest as scheduled and convert into shares.
How many restricted stock units did the NCMI director receive in this transaction?
The director received 32,346 restricted stock units in this grant. These RSUs carry no cash exercise price and represent a right to receive an equal number of National CineMedia common shares upon vesting, subject to continued board service through the vesting date.
When do the National CineMedia (NCMI) restricted stock units granted to the director vest?
The 32,346 restricted stock units are scheduled to vest on May 7, 2027. Vesting requires that Campbell Kotzman Kelly continue serving as a director of National CineMedia through that date, after which shares will be delivered as soon as practicable.
What does each National CineMedia (NCMI) restricted stock unit represent for the director?
Each restricted stock unit represents the right to receive one share of National CineMedia common stock. Upon vesting, the RSUs will convert into an equal number of shares, which the company will deliver to the director following the vesting date.