4//SEC Filing
Cook Stephen M. 4
Accession 0000950170-24-096397
CIK 0001824403other
Filed
Aug 12, 8:00 PM ET
Accepted
Aug 13, 4:58 PM ET
Size
7.9 KB
Accession
0000950170-24-096397
Insider Transaction Report
Form 4
Cook Stephen M.
Director
Transactions
- Award
Common stock, $0.0001 par value
2024-08-09$7.12/sh+702$4,998→ 920,603 total - Award
Common stock, $0.0001 par value
2024-08-09+11,235→ 931,838 total
Holdings
- 226,089(indirect: By LLC)
Common stock, $0.0001 par value
Footnotes (3)
- [F1]Represents Deferred Stock Units ("DSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each DSU is the economic equivalent of one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The Reporting Person acquired these DSUs in connection with the Reporting Person's quarterly compensation for service as a non-employee director of the Issuer. The Reporting Person elected to receive payment of their quarterly compensation in DSUs in lieu of cash. The DSUs will be settled in shares of Common Stock on July 28, 2025.
- [F2]The number of DSUs received was calculated based on $7.12, which was the closing price of the Issuer's Common Stock on the date of grant.
- [F3]Represents Restricted Stock Units ("RSUs") awarded under the Plan. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest on July 28, 2025, subject to Reporting Person's continued service on the board of directors (the "Board") of the Issuer on such date.
Documents
Issuer
Reservoir Media, Inc.
CIK 0001824403
Entity typeother
Related Parties
1- filerCIK 0001867327
Filing Metadata
- Form type
- 4
- Filed
- Aug 12, 8:00 PM ET
- Accepted
- Aug 13, 4:58 PM ET
- Size
- 7.9 KB