Form 4 for TEAD Teads Holding Co.
Accepted 2024-06-06 00:00:00 ET · period of report 2024-06-04 · accession 0001454938-24-000105 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-06-06 | 2024-06-04 | TEAD | Kostman David | CEO, Dir | A - Grant | $0.00 | +200.0K | 695.8K | +40% | $0 |
| D | 2024-06-06 | 2024-06-04 | TEAD | Kostman David | CEO, Dir | A - Grant | $0.00 | +400.0K | 400.0K | New | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-06-04 | A | A | 200,000 | $0.00 | 695,767 | D | — | — | (F1) Restricted stock units granted pursuant to the Issuer's 2021 Long-Term Incentive Plan which vest in increments over a period of four years as follows: one-eighth of such awards shall vest on the grant date, and one-sixteenth of such awards shall vest on September 5, 2024 and each quarterly anniversary thereafter. |
| 2 | Derivative | Performance Stock Units | 2024-06-04 | A | A | 400,000 | $0.00 | 400,000 | D | — · — to 2034-06-04 | 400,000 Common Stock | (F2) Represents the target amount of Performance Stock Units ("PSUs") granted to the reporting person pursuant to the Issuer's 2021 Long-Term Incentive Plan. Each PSU represents a right to receive one share of common stock subject to achievement of both service-based and performance-based vesting conditions, with the performance-based condition based on the achievement by the Issuer of pre-established stock price targets, over a three-year performance period ending on December 31, 2026. Subject to achievement of above-target stock price goals, the reporting person is eligible to earn up to 200% of the target amount of PSUs reported here. |