4//SEC Filing
Cook Stephen M. 4
Accession 0001209191-23-046819
CIK 0001824403other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 8:00 PM ET
Size
8.3 KB
Accession
0001209191-23-046819
Insider Transaction Report
Form 4
Cook Stephen M.
Director
Transactions
- Award
Common stock, $0.0001 par value
2023-08-17+14,953→ 916,777 total - Award
Common stock, $0.0001 par value
2023-08-17$5.35/sh+934$4,997→ 917,711 total
Holdings
- 226,089(indirect: By LLC)
Common stock, $0.0001 par value
Footnotes (3)
- [F1]Represents Restricted Stock Units ("RSUs") awarded under the Reservoir Media, Inc. 2021 Omnibus Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of common stock, $0.0001 par value per share (the "Common Stock"), of Reservoir Media, Inc. (the "Issuer"). The RSUs will vest on July 28, 2024, subject to Reporting Person's continued service on the board of directors (the "Board") of the Issuer on such date.
- [F2]Represents Deferred Stock Units ("DSUs") awarded under the Plan. Each DSU is the economic equivalent of one share of Common Stock. 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. This issuance of DSUs will be settled in shares of Common Stock on July 29, 2024 (the "Settlement Date").
- [F3]The number of DSUs received was calculated based on $5.35, which was the closing price of the Issuer's Common Stock on the date of grant.
Documents
Issuer
Reservoir Media, Inc.
CIK 0001824403
Entity typeother
Related Parties
1- filerCIK 0001867327
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 8:00 PM ET
- Size
- 8.3 KB