Thomas J. Snyder - Feb 22, 2023 Form 4 Insider Report for SILGAN HOLDINGS INC (SLGN)

Role: President - Silgan Containers
Signature: /s/ Frank W. Hogan, III, Attorney-in-fact for Thomas J. Snyder
Stock symbol: SLGN
Transactions as of: Feb 22, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/24/2023, 03:09 PM
Previous filing: Feb 2, 2023
Next filing: Mar 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SLGN	Common Stock	Award		+50K	+85.2%		109K	Feb 22, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 1, 2022, the reporting person was granted 50,000 restricted stock units under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended, subject to the satisfaction of certain performance criteria for the Issuer's 2022 fiscal year. The performance criteria for the Issuer's 2022 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2022. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest all at once on March 1, 2027 and will be settled in shares of Common Stock on a 1-for-1 basis.
F2	This amount includes 84,360 restricted stock units that are not yet vested that have been granted under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis.

Content

On March 1, 2022, the reporting person was granted 50,000 restricted stock units under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended, subject to the satisfaction of certain performance criteria for the Issuer's 2022 fiscal year. The performance criteria for the Issuer's 2022 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2022. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest all at once on March 1, 2027 and will be settled in shares of Common Stock on a 1-for-1 basis.

This amount includes 84,360 restricted stock units that are not yet vested that have been granted under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis.