Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | ASX:CRN | Performance Stock Units | Jan 1, 2025 | Common Stock | 6.38K | $0.00 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The 63,844 Performance Stock Units ("PSUs") were acquired on February 14, 2024 upon certification of the underlying performance goals by the Compensation and Nominating Committee (the "Compensation Committee") of the Issuer's Board of Directors or through subsequent dividend equivalent investments. Each PSU represents a right to receive one CHESS Depositary Interest ("CDI") or, at the election of the Compensation Committee, an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof). CDIs are units of beneficial ownership in shares of common stock of the Issuer that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. The CDIs are convertible into shares of common stock of the Issuer on a 10-for-1 basis. |
F2 | The PSUs are scheduled to vest on February 14, 2025, subject to the Reporting Person's continued service through such date. |
F3 | Reflects common stock underlying PSUs. |
Exhibit List: Exhibit 24.1 - Power of Attorney