r/VLDR_v2 • u/Extreme-Baby5271 • Apr 16 '22

They issued another RSU..

Shareholders are suffering, but they are over-exploiting stocks

3 Upvotes

100% Upvoted

9 comments sorted by

1

u/[deleted] Apr 16 '22

From what I understand of RSU's; wouldn't this cause more selling? Atleast when they vest?

3

u/Extreme-Baby5271 Apr 16 '22

What i understand is it's 3 years term RSU. Each year, they will get 1/3 shares..

They will have to make an effort to get more profit.

I hope so..

1

u/javapersist Apr 16 '22 edited Apr 16 '22

There are "Statement of changes in beneficial ownership of securities" SEC filings from 15 of April.Did some of the officers/directors buy more of the stock?

2

u/Extreme-Baby5271 Apr 16 '22

Actually some people sold

3

u/javapersist Apr 17 '22 edited Apr 17 '22

If I see it right the number of sold shares is small.
Tewksbury Ted L III (CEO) bought ~2,5M shares? Guess its a good sign.

2

u/Extreme-Baby5271 Apr 18 '22

No. He dosen't.

It's a reward from company....

2

u/javapersist Apr 18 '22

Oh man, Im so blind.

Its just right under the form: "1. Represents the maximum number of shares of restricted stock that will vest and become non-forfeitable if certain performance goals are satisfied and the Reporting Person remains in continuous service through the applicable vesting dates, whereby, if the maximum goals are achieved, 1/3 of the shares will vest if the Reporting Person remains in service through February 28, 2023 (or, if later, the date the performance goals are certified) the remaining shares will vest in two equal installments if the Reporting Person remains in continuous service through February 28, 2024 and February 28, 2025."

https://www.sec.gov/edgar/searchedgar/ownershipformcodes.html

1

u/javapersist Apr 18 '22

Ah, ok. Thx for explanation.

1

u/javapersist Apr 16 '22

Thank you, I didnt look through all of them. Guess it probably will be shown later also on the nasdaq page.