Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | FI | Common Stock | Award | $0 | +76.7K | +2.73% | $0.00 | 2.89M | Feb 22, 2023 | Direct | F1 |
transaction | FI | Common Stock | Tax liability | -$1.39M | -12K | -0.41% | $116.54 | 2.88M | Feb 23, 2023 | Direct | F2 |
holding | FI | Common Stock | 4.29K | Feb 22, 2023 | See Footnote | F3 | |||||
holding | FI | Common Stock | 81.6K | Feb 22, 2023 | By Trust | F4 | |||||
holding | FI | Common Stock | 30K | Feb 22, 2023 | See Footnote | F5 | |||||
holding | FI | Common Stock | 730 | Feb 22, 2023 | See Footnote | F3 | |||||
holding | FI | Common Stock | 14.9K | Feb 22, 2023 | By Spouse | ||||||
holding | FI | Common Stock | 300 | Feb 22, 2023 | See Footnote | F3 |
Id | Content |
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F1 | On February 22, 2023, the independent members of the board of directors granted Mr. Bisignano's incentive compensation for 2022 entirely in the form of equity awards, with 60% of the awards (112,921 units) in the form of performance share units (PSUs) that vest at the end of a three-year performance period based on the achievement of performance goals and 40% of the awards (76,676 units) in the form of restricted stock units (RSUs). The 60 / 40% ratio of PSUs to RSUs, respectively, reflects an increased level of PSUs compared to the 50 / 50% ratio in the prior year. The restricted stock units are reported on this Form 4 and vest one-third on each anniversary of the grant date. |
F2 | Reflects payment of tax liability by withholding securities incident to vesting of restricted stock units. |
F3 | These shares are held in an account, of which the reporting person acts as custodian, for the benefit of a minor. |
F4 | These shares are held by trusts, of which the reporting person serves as trustee, for the benefit of the reporting person's children. |
F5 | Held by the Frank J. Bisignano 2022 Grantor Retained Annuity Trust. |