January 2, 2024 · Form 4 insider transaction
THANGARAJ IMMANUEL sold 50,000 shares of ACUR, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 0 days after the transaction.
Par value of $.01 per share must be paid by Reporting Person upon exchange of Restricted Stock Units for stock; 1 - for - 1; N/A; 50,000 Restricted Stock Units were granted on January 2, 2024. 25% of Restricted Stock Units vest on the last day of each of March, June, September and December 2024, subject to immediate vesting in the event of a change of control and certain other events. Reporting Person may elect to exchange up to 40% of Restricted Stock Units for cash and the remaining Restricted Stock Units will be exchanged on a one for one basis for common stock, in each case upon payment of, or deduction of par value. Distributions in respect of vested Restricted Stock Units will be made on the first business day of January 2025 or earlier upon a change of control.