NOVAES DJALMA JR 4
4 · CROWN HOLDINGS, INC. · Filed Jan 7, 2025
Insider Transaction Report
Form 4
NOVAES DJALMA JR
EVP & COO
Transactions
- Award
Common
2025-01-03+18,527→ 121,737 total - Tax Payment
Common
2025-01-06$80.11/sh−1,942$155,574→ 119,795 total - Disposition to Issuer
Common
2025-01-06−3,263→ 116,532 total
Footnotes (2)
- [F1]The Reporting Person was granted 18,527 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 6,388 time-vested restricted shares vest over a three year period as follows: 2,130 time-vested restricted shares on January 5, 2026, 2,129 time-vested restricted shares on January 4, 2027 and January 3, 2028, respectively. 5,676 performance-based restricted shares are targeted to vest on January 3, 2028 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 5,676. 6,463 performance-based restricted shares are targeted to vest on January 3, 2028 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 6,463.
- [F2]Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.