Form 4 for CCK CROWN HOLDINGS, INC.
Accepted 2023-01-06 00:00:00 ET · period of report 2023-01-04 · accession 0001437749-23-000643 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-06 | 2023-01-04 | CCK | Gifford Gerard H | EVP, COO | A - Grant | $0.00 | +35.7K | 145.6K | +33% | $0 | |
| 2023-01-06 | 2023-01-05 | CCK | Gifford Gerard H | EVP, COO | F - Tax | $83.27 | -899 | 144.7K | -0.6% | -$74.9K |
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 | 2023-01-04 | A | A | 35,726 | $0.00 | 145,633 | D | — | — | (F1) The Reporting Person was granted 35,726 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 12,417 time-vested restricted shares vest over a three year period as follows: 4,139 time-vested restricted shares on January 4, 2024, January 6, 2025 and January 5, 2026, respectively. 10,783 performance-based restricted shares are targeted to vest on January 5, 2026 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 10,783. 12,526 performance-based restricted shares are targeted to vest on January 5, 2026 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 12,526. |
| 2 | Common | Common | 2023-01-05 | F | D | 899 | $83.27 | 144,734 | D | — | — | (F2) Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock. |