Form 4: Integer Holdings Director Alvin Tyrone Jeffers Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director Alvin Tyrone Jeffers reports the acquisition of 1,480 restricted stock units (RSUs) of Integer Holdings Corp.
Summary
- On May 22, 2024, Alvin Tyrone Jeffers, a director of Integer Holdings Corp, acquired 1,480 restricted stock units (RSUs).
- These RSUs convert into common stock on a one-for-one basis.
- The RSUs vest in equal installments on August 22, 2024, November 22, 2024, February 22, 2025, and May 20, 2025.
- Jeffers has elected to defer settlement of the common stock underlying these RSUs until separation from service as a director or a change in control of the Issuer.
- Following the reported transaction, Jeffers beneficially owns 2,585 shares of Integer Holdings Corp common stock directly and 1,480 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Grant of 1,480 Restricted Stock Units |
| 08/22/2024 | First vesting date for RSUs |
| 11/22/2024 | Second vesting date for RSUs |
| 02/22/2025 | Third vesting date for RSUs |
| 05/20/2025 | Final vesting date for RSUs |
| 05/23/2024 | Date of signature |
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