Yelp (YELP) director Sharon Rothstein receives 10,646-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rothstein Sharon reported acquisition or exercise transactions in this Form 4 filing.
Yelp Inc. director Sharon Rothstein received a grant of 10,646 shares of common stock in the form of restricted stock units. The award was granted at no cash cost to her and will vest on the earlier of one year from the grant date or the company’s next annual meeting of stockholders. After this grant, Rothstein directly holds 53,071 shares of Yelp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rothstein Sharon
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,646 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 53,071 shares (Direct, null)
Footnotes (1)
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Key Figures
RSU grant size: 10,646 shares
Grant price: $0.00 per share
Post-grant holdings: 53,071 shares
+1 more
4 metrics
RSU grant size
10,646 shares
Restricted stock units granted to director Sharon Rothstein
Grant price
$0.00 per share
Equity compensation award, not open-market purchase
Post-grant holdings
53,071 shares
Total common stock directly held after the award
Vesting condition
Earlier of 1 year or next annual meeting
Schedule for RSU vesting and share delivery
Key Terms
restricted stock units, annual meeting of stockholders, grant, award, or other acquisition
3 terms
restricted stock units financial
"Represents the grant of restricted stock units that vest on the earlier of"
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.
annual meeting of stockholders financial
"or (b) the date of the Issuer's next annual meeting of stockholders"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did Yelp (YELP) disclose for Sharon Rothstein?
Yelp disclosed that director Sharon Rothstein received a grant of 10,646 restricted stock units of common stock. The grant was reported as a Form 4 transaction and increased her direct holdings to 53,071 shares following the award.
When do Sharon Rothstein’s new Yelp (YELP) restricted stock units vest?
Sharon Rothstein’s restricted stock units vest on the earlier of one year from the grant date or the date of Yelp’s next annual meeting of stockholders. Vesting determines when she actually receives the underlying Yelp common shares.