Jesse Lynn, a director of Cloudera, Inc., recently acquired 24,476 shares of the company. The buys took place at $0.00 per share, on June 15, 2021. Lynn now owns 56,619 shares of the company. Lynn operates out of Santa Clara, CA. Some additional info was provided as follows:
Each restricted stock unit ("RSU") represents a contingent right to receive 1 share of the Issuer's Common Stock upon settlement for no consideration.
The RSUs will vest 1/3 of the total shares on September 15, 2019 and the remaining RSUs shall be vested and settled on each quarterly anniversary thereafter, subject to continued service with the Company through such date.
The RSUs vest as to 100% of the total shares on June 15, 2021.
RSUs will vest as to 100% of the shares on June 15, 2022, subject to continued service with the Company through such date, provided, however, that (i) 100% of the shares will vest in the event of a Company Transaction that is not a Related Party Transaction (each as defined in the Plan) and (ii) in the event that the reporting person does not stand for reelection at, or is not re-elected at, or resigns effective as of, the 2022 Annual Meeting of Stockholders (but the reporting person continues to serve on the Board until the date of such meeting), then 100% of the total shares shall vest on the date of the 2022 Annual Meeting of Stockholders.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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Other recent filings from the company include the following:
Securities registration termination [Section 12(b)] - Oct. 19, 2021
Cloudera, Inc.'s Chief Accounting Officer just disposed of 96,329 shares - Oct. 18, 2021
Cloudera, Inc. director just disposed of 125,407 shares - Oct. 13, 2021
Cloudera, Inc.'s Chief Financial Officer just disposed of 1,049,549 shares - Oct. 13, 2021
Cloudera, Inc.'s President just disposed of 68,280 shares - Oct. 13, 2021