Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NWL | Restricted Stock Units | Award | $0 | +417K | $0.00 | 417K | Feb 13, 2025 | Common Stock | 417K | Direct | F1, F2, F3 | ||
transaction | NWL | Restricted Stock Units | Award | $0 | +138K | $0.00 | 138K | Feb 17, 2025 | Common Stock | 138K | Direct | F3, F4, F5 |
Id | Content |
---|---|
F1 | Each Performance Based Restricted Stock Unit ("PRSU") represents the right to receive one share of the Company's common stock. |
F2 | The Company's Compensation and Human Capital Committee certified the Company's performance metrics established for the Reporting Person's PRSU's granted on July 5, 2023. The terms of the Reporting Person's PRSU's provide for a seventy percent (70%) vesting on July 5, 2025, and a thirty percent (30%) vesting on July 5, 2026, subject to the continuous employment with the Company. |
F3 | N/A |
F4 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
F5 | The restricted stock unit vests ratably in one-third increments on the grant date's first, second and third anniversaries, subject to the Reporting Person's continuous employment with the Company. |