Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | AMRK | Cash Incentive Award | Award | $0 | +1 | $0.00 | 1 | Jul 3, 2023 | Common Stock, par value $0.01 per share | Direct | F1 |
Id | Content |
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F1 | Grant of a cash incentive award payable at June 30, 2027 (subject to acceleration in the event of certain terminations of employment or a change in control) equal to 2% of the Total Shareholder Return (as defined, including dividends paid during the four-year period) on the outstanding shares at June 30, 2023, minus the total salary and cash bonuses paid to the reporting person during the four-year period. The award is generally equivalent to stock appreciation rights on 473,442 shares with a base price of $36.32, including dividend equivalents but subject to adjustment for the specified compensation offsets. |