Martin Douglas L 4
4 · Spectrum Brands Holdings, Inc. · Filed Dec 4, 2018
Insider Transaction Report
Form 4
Martin Douglas L
EVP and CFO
Transactions
- Exercise/Conversion
Performance Rights
2018-12-01−4,637→ 0 total→ Common Stock (4,637 underlying) - Exercise/Conversion
Common Stock
2018-12-01+4,637→ 53,826 total - Tax Payment
Common Stock
2018-12-01$49.38/sh−2,180$107,648→ 51,646 total
Footnotes (3)
- [F1]Performance rights granted on December 15, 2016 under the Spectrum Brands Holdings, Inc. 2017 Equity Incentive Plan (the "2017 EIP Award") were earned as of December 1, 2017, and 4,637 shares, representing the 2017 EIP Service Award portion of the reporting person's 2017 EIP Award, vested on December 1, 2018. The reporting person forfeited an additional 43 shares, representing the 2017 EIP Additional Award portion of the reporting person's 2017 EIP Award, as the requirements for the Issuer's consolidated free cash flow results for 2018 were not met.
- [F2]Represents shares of the Issuer's common stock withheld to satisfy the reporting person's tax withholding obligation upon the vesting and settling of performance rights of the 2017 EIP Service Award portion of the reporting person's 2017 EIP Award.
- [F3]Each performance right represents a contingent right to receive one share of the Issuer's common stock.