Pulse Biosciences (NASDAQ: PLSE) awards CTO 100,000-share RSU grant
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Pulse Biosciences, Inc. reported that its Compensation Committee granted Chief Technology Officer Darrin R. Uecker a restricted stock unit award covering 100,000 shares of common stock. The award recognizes his continued leadership of the company’s product development efforts for the treatment of atrial fibrillation.
The RSUs vest in full on the third anniversary of the grant date, subject to the terms of the grant agreement and the company’s Amended and Restated 2017 Equity Incentive Plan. This is an equity-based compensation grant designed to align the CTO’s incentives with long-term company performance.
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8-K Event Classification
Item 5.02 — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
1 item
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
FAQ
What executive compensation change did Pulse Biosciences (PLSE) disclose?
Pulse Biosciences disclosed that its Chief Technology Officer, Darrin R. Uecker, received a restricted stock unit grant for 100,000 shares. The award recognizes his leadership of product development for atrial fibrillation and vests on the third anniversary of the grant date under the 2017 Equity Incentive Plan.
How many restricted stock units did Pulse Biosciences (PLSE) grant to its CTO?
The CTO of Pulse Biosciences, Darrin R. Uecker, was granted restricted stock units representing 100,000 shares of common stock. These RSUs are subject to the company’s Amended and Restated 2017 Equity Incentive Plan and vest in full three years after the grant date if conditions are satisfied.
When do the new RSUs granted by Pulse Biosciences to its CTO vest?
The RSUs granted to Pulse Biosciences’ CTO vest in full on the third anniversary of the grant date. Vesting is subject to the terms and conditions of the grant award agreement and the company’s Amended and Restated 2017 Equity Incentive Plan governing this equity compensation.
Why did Pulse Biosciences (PLSE) grant RSUs to CTO Darrin Uecker?
Pulse Biosciences granted RSUs to CTO Darrin R. Uecker for his continued leadership of the company’s product development efforts for the treatment of atrial fibrillation. The award aligns his compensation with long-term company performance through equity tied to the company’s common stock.
Under which plan were the new Pulse Biosciences RSUs for the CTO issued?
The restricted stock units granted to Pulse Biosciences’ CTO were issued under the company’s Amended and Restated 2017 Equity Incentive Plan. This plan governs the terms, vesting conditions, and administration of equity awards such as RSUs granted to executives and other eligible participants.