Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ASX:CRN | Performance Stock Units | Award | $0 | +7.72K | $0.00 | 7.72K | Feb 21, 2022 | Common Stock | 772 | $0.00 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Reflects acquisition of Performance Stock Units ("PSUs") upon certification of the underlying performance goals by the Compensation and Nominating Committee of the Issuer's Board of Directors (the "Compensation Committee"). |
F2 | The PSUs are scheduled to vest on February 21, 2023, subject to the Reporting Person's continued service through such date. |
F3 | Reflects 7,715 PSUs. Each PSU represents a right to receive one CHESS Depositary Interest ("CDI") or, at the election of the Compensation Committee, an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof). CDIs are units of beneficial ownership in shares of common stock of the Issuer that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. The CDIs are convertible into shares of common stock of the Issuer on a 10-for-1 basis. |