Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | EL | Stock Units (Cash Payout) | Award | $27K | +84.2 | +0.21% | $320.63 | 40.2K | Jul 13, 2021 | Class A Common Stock | 84.2 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each Stock Unit (cash payout) is convertible into cash equal to the value of one share of Class A Common Stock (i.e. 1:1). |
F2 | Represents grant of Stock Units in lieu of cash for quarterly board and committee member retainers. |
F3 | The Stock Units (cash payout) will be paid out the first business day of the calendar year following the last date of the Reporting Person's service as a director of the Company. |