Thomas J. Snyder - Feb 28, 2024 Form 4 Insider Report for SILGAN HOLDINGS INC (SLGN)

Signature
/s/ Frank W. Hogan, III, Attorney-in-fact for Thomas J. Snyder
Stock symbol
SLGN
Transactions as of
Feb 28, 2024
Transactions value $
$0
Form type
4
Date filed
3/1/2024, 04:28 PM
Previous filing
Nov 9, 2023
Next filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SLGN Common Stock Award +8K +9.3% 94K Feb 28, 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On May 30, 2023, the reporting person was granted a performance award of 8,000 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 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 85,320 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.