Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SWK | Deferred Shares | Award | $0 | +727 | $0.00 | 727 | Feb 21, 2023 | Common Stock | 727 | Direct | F1, F2, F3, F4 |
Id | Content |
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F1 | The Form 4 filed by the reporting person on February 23, 2023 incorrectly reported these shares in Table I. Because the reporting person elected to defer receipt of these shares issued pursuant to the 2020-2022 long-term incentive performance award program, this amendment correctly reports these shares in Table II as derivative securities and removes the tax withholding transaction reported in the original Form 4. |
F2 | Each deferred share is fully vested and is the economic equivalent of one share of common stock. |
F3 | Number of shares to be received by the reporting person related to the determination of performance achieved for the 2020-2022 performance period pursuant to the 2020-2022 long-term incentive performance award program under the Company's 2018 Omnibus Award Plan. |
F4 | The deferred shares become payable in ten installments following the reporting person's termination of employment or in a lump sum following the reporting person's death or disability or a change in control of the Company. |