Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | VSH | Phantom Stock Unit | Award | $0 | +5K | +3.92% | $0.00 | 133K | Jan 1, 2025 | Common Stock | 5K | Direct | F3, F4 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Represents the payment of tax liability by withholding shares of common stock incident to the vesting of the time-based restricted stock units. |
F2 | The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1(c) trading plan previously adopted by the reporting person. |
F3 | Each Phantom Stock Unit is the economic equivalent of one share of common stock. The common stock underlying these awards is not received until the termination of employment. |
F4 | Total shares include additional units granted as dividend equivalents on each date that a dividend is paid on the Issuer's common stock. |