Steven J. Demetriou - Oct 2, 2024 Form 4 Insider Report for Amentum Holdings, Inc. (AMTM)

Signature
/s/ Paul W. Cobb, Jr. Attorney-in-fact
Stock symbol
AMTM
Transactions as of
Oct 2, 2024
Transactions value $
$0
Form type
4
Date filed
10/4/2024, 05:53 PM
Previous filing
Oct 3, 2024

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AMTM Restricted Stock Units Award $0 +43.4K $0.00 43.4K Oct 2, 2024 Common Stock 43.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") were originally granted by Jacobs Solutions Inc. ("Jacobs") and, pursuant to the terms of the Employee Matters Agreement, dated as of November 20, 2023, by and among Jacobs, the Issuer and Amentum Parent Holdings LLC, as amended from time to time, were converted into RSUs with respect to Issuer common stock with adjustments made to the number of shares subject to the award in order to preserve the award's value. The conversion ratio was determined based on the closing price per share of Jacobs common stock on September 27, 2024 divided by the average of the volume-weighted average prices of the Issuer's common stock on the New York Stock Exchange for the period beginning on September 30, 2024 and ending on October 2, 2024.
F2 This award will vest in full on November 17, 2025, subject to the reporting person's continued service through such date.