Gerard H. Gifford - Jan 3, 2025 Form 4 Insider Report for CROWN HOLDINGS, INC. (CCK)

Role
EVP & COO
Signature
/s/ Rosemary Haselroth, by Power of Attorney
Stock symbol
CCK
Transactions as of
Jan 3, 2025
Transactions value $
-$328,852
Form type
4
Date filed
1/7/2025, 09:32 AM
Previous filing
Oct 24, 2024
Next filing
Feb 28, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +40.9K +35.73% $0.00 155K Jan 3, 2025 Direct F1
transaction CCK Common Tax liability -$329K -4.11K -2.64% $80.11 151K Jan 6, 2025 Direct F2
transaction CCK Common Disposed to Issuer $0 -5.66K -3.74% $0.00 146K Jan 6, 2025 Direct
holding CCK Common 5.8K Jan 3, 2025 By 401(k)Plan F3
* 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 40,873 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 14,092 time-vested restricted shares vest over a three year period as follows: 4,698 time-vested restricted shares on January 5, 2026, 4,697 time-vested restricted shares on January 4, 2027 and January 3, 2028, respectively. 12,522 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 12,522. 14,259 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 14,259.
F2 Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.
F3 At December 31, 2024, the Reporting Person owned 5,798 shares of CCK Common Stock under the CCK 401(k) Plan.