Carlos Baila - 03 Jan 2025 Form 4 Insider Report for CROWN HOLDINGS, INC. (CCK)

Signature
/s/ Rosemary Haselroth, by Power of Attorney
Issuer symbol
CCK
Transactions as of
03 Jan 2025
Net transactions value
-$83,875
Form type
4
Filing time
07 Jan 2025, 09:09:40 UTC
Previous filing
05 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +13,642 +52% $0.000000 39,737 03 Jan 2025 Direct F1
transaction CCK Common Tax liability $83,875 -1,047 -2.6% $80.11 38,690 06 Jan 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 13,642 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 4,704 time-vested restricted shares vest over a three year period as follows: 1,568 time-vested restricted shares on January 5, 2026, January 4, 2027 and January 3, 2028, respectively. 4,179 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 4,179. 4,759 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 4,759.
F2 Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.