Form 4: Atomera Inc. Executive Shawn Thomas Reports Acquisition of Common Stock and Performance Stock Units
SEC Form 4
Shawn Thomas, VP of Marketing and Business Development at Atomera Inc., reports the acquisition of common stock and performance stock units.
Summary
- On February 19, 2025, Shawn Thomas, VP of Marketing and Business Development at Atomera Inc., acquired common stock and performance stock units.
- The acquisitions include 30,064 shares of common stock and performance stock units representing a contingent right to receive 10,021, 10,021 and 10,022 shares of common stock respectively.
- The restricted stock units vest 8.33% each quarter for the next 36 months commencing on June 1, 2025.
- The performance stock units are subject to achieving certain performance criteria over periods ending December 31, 2025, December 31, 2026 and December 31, 2027, with vesting dates of March 1, 2026, March 1, 2027 and March 1, 2028 respectively.
- Following these transactions, Thomas directly owns 60,128 shares of Atomera Inc. common stock.
Sentiment
Score: 6
Explanation: The document is a standard SEC filing related to executive compensation. It doesn't contain overtly positive or negative information, but the acquisition of stock by an executive is generally viewed as a neutral to slightly positive signal.
Positives
- The acquisition of stock and performance units by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The performance stock units are contingent upon achieving certain performance criteria over the next few years, suggesting a focus on long-term performance goals.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The acquisition of shares by an executive may signal confidence to shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/19/2025 | Date of transaction for common stock and performance stock units acquisition |
| 06/01/2025 | Commencement date for vesting of restricted stock units |
| 03/01/2026 | Vesting date for performance stock units with performance period ending December 31, 2025 |
| 03/01/2027 | Vesting date for performance stock units with performance period ending December 31, 2026 |
| 03/01/2028 | Vesting date for performance stock units with performance period ending December 31, 2027 |
| 02/21/2025 | Date of signature for the report |
Keywords
Atomera Inc, Shawn Thomas, stock acquisition, performance stock units, Form 4, executive compensation, beneficial ownership
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