4//SEC Filing
Flitman David E 4
Accession 0001665918-23-000006
CIK 0001665918other
Filed
Jan 8, 7:00 PM ET
Accepted
Jan 9, 5:42 PM ET
Size
10.1 KB
Accession
0001665918-23-000006
Insider Transaction Report
Form 4
Flitman David E
Chief Executive Officer
Transactions
- Award
Restricted Stock Units
2023-01-05+168,162→ 168,162 total→ Common Stock (168,162 underlying)
Footnotes (3)
- [F1]Security converts to common stock on a one-to-one basis.
- [F2]The performance-based restricted share units ("PRSUs") vest in two equal tranches of 84,081 (each, a "Tranche") each if the following conditions are met: (a) the first Tranche of 84,081 shares will vest on the second anniversary of the grant date, or January 5, 2025, if the share price for the Company's common stock equals or exceeds $40 per share on any 30 consecutive days during the period between the date of grant and January 5, 2025; and (b) the second Tranche of 84,081 shares will vest on the fourth anniversary of the grant date, or January 5, 2027, if the share price for the Company's common stock equals or exceeds $55 per share on any 30 consecutive days during the period between the date of grant and January 5, 2027.
- [F3]With certain exceptions in the event of a change in control, if the applicable performance goal is not achieved by the last day of the applicable measurement period, then such Tranche will be forfeited without consideration. The Company's Board of Directors approved the grant of the PRSUs in connection with the reporting person's appointment as Chief Executive Officer effective January 5, 2023.
Issuer
US Foods Holding Corp.
CIK 0001665918
Entity typeother
Related Parties
1- filerCIK 0001367688
Filing Metadata
- Form type
- 4
- Filed
- Jan 8, 7:00 PM ET
- Accepted
- Jan 9, 5:42 PM ET
- Size
- 10.1 KB