Hock Huat Goh - 05 Jan 2022 Form 4 Insider Report for CROWN HOLDINGS INC (CCK)

Signature
/s/ Rosemary Haselroth, by Power of Attorney
Issuer symbol
CCK
Transactions as of
05 Jan 2022
Net transactions value
$0
Form type
4
Filing time
07 Jan 2022, 12:08:10 UTC
Previous filing
31 Aug 2021
Next filing
11 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +6,312 +14% $0.000000 51,048 05 Jan 2022 Direct F1
* 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 6,312 shares of Restricted Common Stock under the 2013 Stock-Based Compensation Plan. 2,154 time-vested restricted shares vest over a three year period as follows: 718 time-vested restricted shares on January 5, 2023 and 2024, respectively, and 718 time-vested restricted shares on January 6, 2025. 2,004 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 2,004. 2,154 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 2,154.