May 28, 2024 · Form 4 insider transaction
FROME ROBERT L bought 3,728 shares of Healthcare Services Group, Inc. at $10.73 per share, a transaction worth $40.0K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Represents a grant of unvested deferred stock units ("DSU") which will become fully vested on the one year anniversary of the grant date. Such DSUs will be settled in shares of common stock on the first to occur of (i) five-year anniversary of the Date of Grant, (ii) the Participant's date of death, disability or separation from service; or (iii) the date of a Change of Control (the "Settlement Date"). A Participant may elect a further deferral beyond the Settlement Date pursuant to the rules of Code Section 409A.; Amount represents 6,563 unvested DSUs, 4,669 vested DSUs, and 14,908 shares of common stock.