Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GT | 2022 Plan Performance Share Units | Award | $0 | +24.4K | $0.00 | 24.4K | Jul 1, 2024 | Common Stock | 24.4K | Direct | F1 | ||
transaction | GT | 2022 Plan Restricted Stock Units | Award | $0 | +15.3K | $0.00 | 15.3K | Jul 1, 2024 | Common Stock | 15.3K | Direct | F2, F3 |
Id | Content |
---|---|
F1 | Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2027. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 3-year period ending December 31, 2026, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2026. |
F2 | Restricted Stock Units, each equivalent to a share of common stock, granted under the 2022 Performance Plan. |
F3 | The Restricted Stock Units vest and convert into shares of common stock in 33% increments each year commencing one year after the date of grant. |