McCauley William Hugh JR 4
4 · Abacus Life, Inc. · Filed Feb 15, 2024
Insider Transaction Report
Form 4
McCauley William Hugh JR
Chief Financial Officer
Transactions
- Award
Restricted Stock Unit
2024-02-13+12,000→ 12,000 total→ Common Stock (12,000 underlying) - Award
Non-Qualified Stock Option (Right to Buy)
2024-02-13+38,363→ 38,363 totalExercise: $12.37Exp: 2034-02-13→ Common Stock (38,363 underlying)
Holdings
- 500,000
Restricted Stock Unit
→ Common Stock (500,000 underlying)
Footnotes (3)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of the Company's common stock.
- [F2]Vest equally on each of the first three (3) anniversaries of the grant date.
- [F3]On October 26, 2023, the Issuer awarded the Reporting Person 500,000 time-based Restricted Stock Units ("RSUs"), ten percent (10%) of which will vest on Jul 3, 2024, and the remaining ninety percent (90%) of which will vest on July 3, 2026, subject to the terms and conditions of the Issuer's 2023 Long-Term Equity Compensation Incentive Plan (the "Plan") and the RSU award agreement. Upon vesting, each RSU shall be converted to an equivalent number of shares of the Issuer's common stock (or, at the Issuer's option, its cash equivalent).