Form 4: Lemaitre Vascular Director Acquires Dividend Equivalent Rights
SEC Form 4 Filing
Lawrence J. Jasinski, a director at Lemaitre Vascular, acquired dividend equivalent rights related to restricted stock unit awards on August 29, 2024.
Summary
- On August 29, 2024, Lawrence J. Jasinski, a director of Lemaitre Vascular, acquired dividend equivalent rights.
- These rights are associated with previously granted restricted stock unit (RSU) and Performance Stock Unit (PSU) awards.
- The acquisitions include 0.358 rights related to a 2021 RSU award, 0.7254 rights related to a 2022 RSU award, 0.7254 rights related to a 2022 PSU award, and 0.9285 rights related to a 2023 RSU award.
- Each dividend equivalent right is economically equivalent to one share of Lemaitre Vascular's common stock and vests proportionately with the underlying award.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing regarding the acquisition of dividend equivalent rights, which is a neutral event.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects the ongoing accrual of dividend equivalent rights on previously granted equity awards.
Stakeholder Impact
- The acquisition of dividend equivalent rights has a minor impact on shareholders, as it reflects the ongoing compensation of a director.
Key Dates
| Date | Description |
|---|---|
| 12/11/2021 | Date of restricted stock unit award grant related to dividend equivalent rights. |
| 12/12/2022 | Date of restricted stock unit and performance stock unit award grants related to dividend equivalent rights. |
| 12/8/2023 | Date of restricted stock unit award grant related to dividend equivalent rights. |
| 08/29/2024 | Date of transaction: Lawrence J. Jasinski acquired dividend equivalent rights. |
| 09/03/2024 | Date of Form 4 filing. |
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