Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SLGN | Common Stock | Award | +70K | +25.81% | 341K | Feb 28, 2024 | Direct | F1, F2 |
Id | Content |
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F1 | On May 30, 2023, the reporting person was granted a performance award of 70,000 restricted stock units under the Silgan Holdings Inc. Second Amended and Restated 2004 Stock Incentive Plan, subject to the satisfaction of certain performance criteria for the Issuer's 2023 fiscal year. The performance criteria for the Issuer's 2023 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2023. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest ratably beginning on March 1, 2024 and on each March 1 thereafter through March 1, 2026 and will be settled in shares of Common Stock on a 1-for-1 basis. |
F2 | This amount includes 197,986 restricted stock units that are not yet vested that have been granted under equity compensation plans of Silgan Holdings Inc. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis. |