Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
holding | B | Common Stock | 13.4K | Jul 14, 2022 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | B | Stock Option-Right to Buy | Award | $0 | +1.18M | $0.00 | 1.18M | Jul 14, 2022 | Common Stock | 1.18M | $30.32 | Direct | F2 |
Id | Content |
---|---|
F1 | Includes a balance of 1,735 Restricted Stock Units granted 2/11/2022, which are subject to forfeiture if certain events occur and payable in shares of common stock on or as soon as practicable following the applicable vesting date. |
F2 | Performance stock option granted on 7/14/2022, which is scheduled to vest and become exercisable on July 14, 2027 (the "vesting date"), subject to the reporting person's continued service to Barnes Group Inc. (the "Company") and the achievement of compound annual growth rate ("CAGR") levels in respect of the price of the Company's common shares above the option exercise price as of the vesting date, with 0% vesting at a CAGR of less than 5%, 33.3% vesting at a CAGR of 5%, 66.6% vesting at a CAGR of 7% and 100% vesting at a CAGR of 9% or greater, with linear interpolation between such CAGR levels. The grant would be subject to full accelerated vesting in the event of certain qualifying involuntary terminations of the reporting person's service, subject to his execution of a release of claims in favor of the Company. |