Therivel Laurent C bought USM
February 19, 2025 · Form 4 insider transaction
Therivel Laurent C bought 11,720 shares of USM, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On April 4, 2022 reporting person was granted an award based on achievement of certain performance measures and, effective November 27, 2023, the award was adjusted by the Long-Term Incentive Compensation Committee (LTICC) to provide for a payout at no less than 75% of the target opportunity of such award. Based on company performance at December 31, 2024, the LTICC certified on February 19, 2025 that the reporting person was entitled to 91% of his target opportunity. Performance share units are now adjusted for performance and are time-based and vest on April 4, 2025. Each performance share unit represents the contingent right to receive one common share.