4//SEC Filing
Field Ezra S. 4
Accession 0001209191-23-046835
CIK 0001824403other
Filed
Aug 20, 8:00 PM ET
Accepted
Aug 21, 8:35 PM ET
Size
7.5 KB
Accession
0001209191-23-046835
Insider Transaction Report
Form 4
Field Ezra S.
Director
Transactions
- Award
Common stock, $0.0001 par value
2023-08-17+14,953→ 133,149 total - Award
Common stock, $0.0001 par value
2023-08-17$5.35/sh+2,336$12,498→ 135,485 total
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. 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 January 2, 2024.
- [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 0001864193
Filing Metadata
- Form type
- 4
- Filed
- Aug 20, 8:00 PM ET
- Accepted
- Aug 21, 8:35 PM ET
- Size
- 7.5 KB