Form 4 for FBIN Fortune Brands Innovations, Inc.
Accepted 2022-12-19 00:00:00 ET · period of report 2022-12-15 · accession 0001209191-22-061943 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2022-12-19 | 2022-05-06 | FBIN | Fink Nicholas I. | CEO, Dir | G - Gift | $0.00 | +1,476 | 2,416 | +157% | $0 |
| 2022-12-19 | 2022-05-06 | FBIN | Fink Nicholas I. | CEO, Dir | G - Gift | $0.00 | -1,476 | 90.6K | -2% | $0 | |
| 2022-12-19 | 2022-12-15 | FBIN | Fink Nicholas I. | CEO, Dir | A - Grant | $0.00 | +209.3K | 306.0K | +216% | $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, Par Value $0.01 | 2022-05-06 | G | A | 1,476 | $0.00 | 2,416 | I | — | — | |
| 2 | Common | Common Stock, Par Value $0.01 | 2022-05-06 | G | D | 1,476 | $0.00 | 90,639 | D Held by trusts for the benefit of heirs | — | — | (F1) Included a total of 45,137 restricted stock units that had not yet vested. (F2) On April 29, 2022, Mr. Fink contributed 31,320 shares of the issuer's common stock to a grantor retained annuity trust for the benefit of his heirs, of which Mr. Fink is the Trustee. |
| 3 | Common | Common Stock, Par Value $0.01 | 2022-12-15 | A | A | 209,258 | $0.00 | 305,973 | D | — | — | (F4) Includes a total of 260,471 RSUs that have not yet vested or settled. Pursuant to the terms of the EMA, each RSU held by the reporting person immediately before the Spin-Off has been adjusted using a conversion ratio as defined in the EMA. Each adjusted RSU otherwise has substantially the same terms and conditions and shall continue to vest subject to continued employment with the issuer through the original vesting dates. Such adjustment is exempt from Section 16 of the Securities Exchange Act of 1934, as amended ("Exchange Act") pursuant to Rule 16a-9. |