Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NWL | Restricted Stock Units | Award | $0 | +57.2K | $0.00 | 57.2K | Feb 18, 2022 | Common Stock | 57.2K | Direct | F1, F2, F3 | ||
transaction | NWL | Stock Option (Right to Buy) | Award | $0 | +429K | $0.00 | 429K | Feb 18, 2022 | Common Stock | 429K | $25.86 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one share of the Company's common stock. |
F2 | The entire award will vest on the third anniversary of the grant date, subject to the Reporting Person's continuous employment with the Company. The terms of the grant agreement between the Reporting Person and the Company also provide for full and/or partial vesting of the award in the event of the Reporting Person's death, disability or retirement during the vesting period. |
F3 | N/A |
F4 | The option vests ratably in one-third increments on the first, second and third anniversaries of the grant date. |