Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLT | Common Stock, Par Value $.01 | Options Exercise | $26K | +6.43K | +23.86% | $4.04 | 33.3K | Feb 18, 2023 | Direct | F1 |
transaction | GLT | Common Stock, Par Value $.01 | Tax liability | -$1.38K | -341 | -1.02% | $4.04 | 33K | Feb 18, 2023 | Direct | F1, F2 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | GLT | Restricted Stock Units | Award | $0 | +218 | +1.73% | $0.00 | 12.8K | Feb 18, 2023 | Common Stock, Par Value $.01 | 218 | Direct | F3, F4, F5, F6 | |
transaction | GLT | Restricted Stock Units | Options Exercise | $0 | -6.43K | -34.11% | $0.00 | 12.4K | Feb 18, 2023 | Common Stock, Par Value $.01 | 6.43K | Direct | F3, F5 |
Id | Content |
---|---|
F1 | Because the payout occurred on a Saturday, February 18, 2023, the value of the shares was determined using the closing price of the previous business day Friday, February 17, 2023. |
F2 | These shares are being withheld to satisfy tax obligations. |
F3 | Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. |
F4 | These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/18/2022 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout. |
F5 | This RSU grant vests one-third on 2/18/2023, one-third on 2/18/2024 and the final one-third vests, and all restrictions lapse, on 2/18/2025. |
F6 | Not applicable to this transaction |
This Form 4 should have been filed by February 22, 2023.