Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RRX | Common Stock | Award | $0 | +1.14K | +5.55% | $0.00 | 21.7K | May 5, 2022 | Direct | F1, F2 |
Id | Content |
---|---|
F1 | Restricted shares granted to the reporting person under the 2018 Equity Incentive Plan. Restricted shares are non-transferable until 5/5/2023. |
F2 | The number of restricted shares of common stock held by the reporting person was increased by 47 restricted shares to preserve the intrinsic value of such awards following the payment of a special dividend that took place in connection with the transactions set forth in that certain Agreement and Plan of Merger, dated as of February 15, 2021, by and among Regal Beloit Corporation, Rexnord Corporation, Land Newco, Inc., and Phoenix 2021, Inc. The total number of shares beneficially owned by the reporting person has been updated to reflect the adjustment. |