Carlos Baila - Jan 4, 2023 Form 4 Insider Report for CROWN HOLDINGS INC (CCK)

Signature
/s/ Rosemary Haselroth, by Power of Attorney
Stock symbol
CCK
Transactions as of
Jan 4, 2023
Transactions value $
$0
Form type
4
Date filed
1/6/2023, 02:45 PM
Previous filing
Jan 3, 2023
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +10.5K +144.33% $0.00 17.8K Jan 4, 2023 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 10,510 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 3,653 time-vested restricted shares vest over a three year period as follows: 1,218 time-vested restricted shares on January 4, 2024 and January 6, 2025, respectively and 1,217 time-vested restricted shares on January 5, 2026. 3,172 performance-based restricted shares are targeted to vest on January 5, 2026 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 3,172. 3,685 performance-based restricted shares are targeted to vest on January 5, 2026 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 3,685.