Form 4: MACOM Technology Solutions Holdings Executive Receives Stock Awards

Donghyun Thomas Hwang, SVP of Global Sales at MACOM Technology Solutions Holdings, was granted restricted stock units under the company's 2021 Omnibus Incentive Plan.

Summary

• Donghyun Thomas Hwang, a Senior Vice President at MACOM Technology Solutions Holdings, received 2,513 restricted stock units (RSUs) on October 23, 2024.
• These RSUs were granted under the Issuer's 2021 Omnibus Incentive Plan.
• Each RSU represents the right to receive one share of Common Stock.
• The RSUs vest in three tranches: 837 shares on October 23, 2025, 837 shares on October 23, 2026, and 839 shares on October 23, 2027.
• Vesting is contingent upon Hwang's continuous service with the Issuer through each vesting date.
• Following the transaction, Hwang beneficially owns 39,661 shares of Common Stock.

Sentiment

Score: 6

Explanation: The document is a routine disclosure of stock awards to an executive, which is generally neutral. It indicates continued investment in key personnel.

Positives

• The grant of RSUs aligns the executive's interests with those of the shareholders, incentivizing continued service and performance.

Future Outlook

The vesting of the RSUs is contingent upon the Reporting Person's continued service with the Issuer.

Industry Context

Stock awards are a common form of executive compensation in the technology industry, used to attract and retain talent and align their interests with those of shareholders.

Stakeholder Impact

• The stock award aligns the executive's interests with those of shareholders, potentially leading to increased shareholder value.

Key Dates