4//SEC Filing
SARAN ATUL 4
Accession 0001367644-22-000041
CIK 0001367644other
Filed
Mar 1, 7:00 PM ET
Accepted
Mar 2, 6:45 PM ET
Size
10.8 KB
Accession
0001367644-22-000041
Insider Transaction Report
Form 4
SARAN ATUL
EVP, Corp Dev, GC & Secretary
Transactions
- Award
Common Stock
2022-03-01+31,417→ 74,630 total - Tax Payment
Common Stock
2022-02-28$39.64/sh−764$30,285→ 90,782 total - Award
Common Stock
2022-03-01+16,916→ 91,546 total - Award
Employee Stock Options (Right to Buy)
2022-03-01$41.38/sh+38,664$1,599,916→ 38,664 totalExercise: $41.38Exp: 2029-02-28→ Common Stock (38,664 underlying)
Footnotes (4)
- [F1]Consists of restricted stock units granted under the company's Stock Incentive Plan. These restricted stock units vest either in three equal annual installments beginning on the day prior to the first anniversary of the date of grant (9,667 shares) or on the day prior to the second anniversary date of the grant (21,750 shares), assuming continued service with the company. Each restricted stock unit represents the right of the Reporting Person to receive one share of common stock of Emergent BioSolutions Inc., subject to adjustment as provided in the grant agreement.
- [F2]Consists of performance stock units granted under the Emergent BioSolutions Inc. Stock Incentive Plan. Each PSU represents a right to receive one share of common stock. The PSUs vest upon achievement with respect to adjusted EBITDA as a percentage of total GAAP revenue calculated on a cumulative basis over the three-year period beginning January 1, 2022 and ending December 31, 2024, as certified by the Compensation Committee following the performance period. The amount reported is based on the target performance payout factor, or 100%.
- [F3]Represents shares of common stock withheld by the Company in exchange for payment of the employee's withholding taxes.
- [F4]Vests in three equal installments beginning on the day prior to the anniversary date of the grant.
Documents
Issuer
Emergent BioSolutions Inc.
CIK 0001367644
Entity typeother
Related Parties
1- filerCIK 0001591070
Filing Metadata
- Form type
- 4
- Filed
- Mar 1, 7:00 PM ET
- Accepted
- Mar 2, 6:45 PM ET
- Size
- 10.8 KB