Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | ARW | Common Stock | Award | $4M | +40.4K | $99.12 | 40.4K | Sep 14, 2022 | Direct | F1 |
Id | Content |
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F1 | This award is contingent upon the Company achieving a net income, as adjusted, of greater than zero in the fiscal year of the grant. As a result, it is subject to forfeiture if the Company does not meet that net income amount. The award will vest in four (4) equal annual installments, starting on September 14, 2023, and each anniversary thereof, with any unvested units subject to forfeiture upon retirement. Restricted Stock Units settle in Common Stock of the Company on a one-for-one basis. |