Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IP | Common Stock | Award | $0 | +8.48K | +16.82% | $0.00 | 58.9K | May 13, 2024 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | The shares reported were awarded to the participant for service as a director for the 2024-2025 performance year. Shares become free of restrictions and non-forfeitable on the earliest of: (1) May 13, 2025, (ii) death, (iii) disability, (iv) retirement or (v) resignation with the consent of the Board of Directors. In the event of a resignation, the award would be reduced pro rata based on length of service. |
F2 | Share numbers rounded. |
F3 | The total amount reported includes previously credited dividend equivalents. Dividend equivalents are acquired pursuant to a dividend reinvestment feature of the Company's Long-Term Incentive Plan. Dividends vest at the same time as the award to which they relate. |
Power of Attorney on file.