Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IFF | Restricted Stock Units | Disposed to Issuer | $0 | -1.25K | -100% | $0.00* | 0 | May 4, 2023 | Common Stock | 1.25K | Direct | F1, F2 | |
transaction | IFF | Stock Equivalent Unit | Award | $0 | +1.25K | +7.54% | $0.00 | 17.8K | May 4, 2023 | Common Stock | 1.25K | Direct | F2, F3, F4 |
Id | Content |
---|---|
F1 | The Restricted Stock Units ("RSUs") convert to Common Stock on a one-for-one basis. |
F2 | Upon the vesting of RSUs on May 4, 2023, the reporting person deferred the receipt of 1,245 shares of Common Stock and received instead 1,245 Stock Equivalent Units ("Units") pursuant to the Company's deferred compensation plan. |
F3 | The Units convert to Common Stock on a one-for-one basis. |
F4 | The Units are payable in Common Stock upon the earlier of the reporting person ceasing to serve as a member of the Company's Board of Directors or January 1 following retirement. |