Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NX | Restricted Stock Units | Award | $0 | +3.53K | +12.5% | $0.00 | 31.8K | Nov 1, 2024 | Common Stock | 3.53K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Each Restricted Stock Unit represents a contingent right to receive cash in an amount equivalent to the value of one share of Quanex common stock. |
F2 | The Restricted Stock Units vest immediately, and will pay out on the earlier of the third anniversary of the date of grant or the reporting person's death, disability, cessation of service as a director, or change in control of the Company. |