I get it now. Great call. If published earlier you could be talking yout TWTR victory lap as others are ..over and over...after being on right side of that trade. The illegal shit going on in pain site is nuts. Everyone was all over Musk for not disclosing the 9% yet not a word on this.
Ah. What I meant was the time-based are reported in Form 4, but performance-based shares were not. This means I wasn't 100% sure if these time-based RSUs were the only grants execs received at the time or if it was a much larger package.
You'll get some disclosed in the 10-Q that PSUs were granted in the quarter, but it's an aggregate number.
In general, grants of stock awards are reported on Form 4 within two business days of the grant. However, PSUs are reportable only if the performance metric is stock price. Typically, PSUs use multiple metrics (i.e. margins, earnings, etc.) and are not deemed acquired until the performance metric has been satisfied (i.e., the vesting date).
I get it now. Great call. If published earlier you could be talking yout TWTR victory lap as others are ..over and over...after being on right side of that trade. The illegal shit going on in pain site is nuts. Everyone was all over Musk for not disclosing the 9% yet not a word on this.
Appreciate the kind words. Not worried about victory laps. There will be more.
Mike, love your work.
One question tho, if TWTR did not disclose the 4/22 RSU how do we know about them?
The time based RSUs were disclosed in form4.
nvm...hit your link.
duh...
Oh... I must have misread. I thought you wrote not reported on Form 4.
What was the date?
Ah. What I meant was the time-based are reported in Form 4, but performance-based shares were not. This means I wasn't 100% sure if these time-based RSUs were the only grants execs received at the time or if it was a much larger package.
You'll get some disclosed in the 10-Q that PSUs were granted in the quarter, but it's an aggregate number.
In general, grants of stock awards are reported on Form 4 within two business days of the grant. However, PSUs are reportable only if the performance metric is stock price. Typically, PSUs use multiple metrics (i.e. margins, earnings, etc.) and are not deemed acquired until the performance metric has been satisfied (i.e., the vesting date).