Gerard H. Gifford - Jan 5, 2022 Form 4 Insider Report for CROWN HOLDINGS INC (CCK)

Role
EVP & COO
Signature
/s/ Rosemary Haselroth, by Power of Attorney
Stock symbol
CCK
Transactions as of
Jan 5, 2022
Transactions value $
$0
Form type
4
Date filed
1/7/2022, 11:12 AM
Previous filing
Jun 14, 2021
Next filing
Jan 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +17.8K +18.5% $0.00 114K Jan 5, 2022 Direct F1
holding CCK Common 5.43K Jan 5, 2022 By 401(k)Plan F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Reporting Person was granted 17,817 shares of Restricted Common Stock under the 2013 Stock-Based Compensation Plan. 6,080 time-vested restricted shares vest over a three year period as follows: 2,027 time-vested restricted shares on January 5, 2023 and 2024, respectively, and 2,026 time-vested restricted shares on January 6, 2025. 5,657 performance-based restricted shares are targeted to vest on January 6, 2025 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 5,657. 6,080 performance-based restricted shares are targeted to vest on January 6, 2025 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 6,080.
F2 At December 31, 2021, the Reporting Person owned 5,426 shares of CCK Common Stock under the CCK 401(k) Plan.