Thomas Mark Ruiz, InfuSystems Holdings's VP OF SALES AND MARKETING, has just filed an initial statement of beneficial ownership where 5,337 shares of InfuSystems Holdings were declared. This form is usually filed as a prelude to receiving options or buying company shares, so there may be more to come from Ruiz. Ruiz operates out of Madison Heights, MI. Some additional info was provided as follows:
The option, representing the right to purchase a total of 40,000 shares, became exercisable in 36 equal monthly installments following the August 18, 2016 date of grant.
The option, representing the right to purchase a total of 25,000 shares, became exercisable in 36 equal monthly installments following the March 16, 2017 date of grant.
Stock option vests 33% per year on an
niversary date starting September 7, 2018
Stock option vests 33% per year on anniversary date starting July 19, 2019
Restricted stock units convert into common stock on a one-for-one basis.
The reporting person was awarded restricted stock units on March 11, 2015, which vest in one remaining annual installment on March 11th of 2019. Settlement of the underlying shares of common stock will occur on vesting date, assuming continued employment through the applicable vesting date.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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