Form 4 for CKX CKX LANDS, INC.
Accepted 2022-06-15 00:00:00 ET · period of report 2022-06-13 · accession 0001209191-22-037104 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-06-15 | 2022-06-13 | CKX | Stepp Scott Adams | CFO | M - OptEx | $0.00 | +15.8K | 54.2K | +41% | $0 |
| D | 2022-06-15 | 2022-06-13 | CKX | Stepp Scott Adams | CFO | A - Grant | $0.00 | +38.4K | 38.4K | New | $0 |
| D | 2022-06-15 | 2022-06-13 | CKX | Stepp Scott Adams | CFO | A - Grant | $0.00 | +140.1K | 140.1K | New | $0 |
| D | 2022-06-15 | 2022-06-13 | CKX | Stepp Scott Adams | CFO | M - OptEx | $0.00 | -15.8K | 124.3K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-06-13 | M | A | 15,792 | $0.00 | 54,169 | D | — | — | |
| 2 | Common | Common Stock | 2022-06-13 | A | A | 38,377 | $0.00 | 38,377 | D | — | — | (F1) The reported transaction was the grant of restricted stock units (RSUs) that are payable solely in shares of the Issuer's common stock. The RSUs will vest incrementally on July 15, 2022, 2023 and 2024 if the Reporting Person remains employed by the Issuer on those dates. |
| 3 | Derivative | Performance Shares | 2022-06-13 | A | A | 140,121 | $0.00 | 140,121 | D | — · — to 2024-07-15 | 140,121 Common Stock | (F2) Each performance share represents a contingent right to receive one share of the Issuer's common stock. Various percentages of the performance share award vest if the closing price of the Issuer's common stock equals or exceeds, for at least ten consecutive trading days during the performance period, prices of $12, $13, $14, $14.50 and $15 per share. The performance period is July 15, 2020 to July 15, 2024. |
| 4 | Derivative | Performance Shares | 2022-06-13 | M | D | 15,792 | $0.00 | 124,329 | D | — · — to 2024-07-15 | 15,792 Common Stock | (F3) The Issuer's common stock met the $12 trading price target on May 19, 2021. Accordingly, 11.27% of the award was vested at the time it was granted. |