Djalma Novaes Jr - Feb 24, 2023 Form 4 Insider Report for CROWN HOLDINGS INC (CCK)

Role: President - Americas Division
Signature: /s/ Rosemary Haselroth, by Power of Attorney
Stock symbol: CCK
Transactions as of: Feb 24, 2023
Transactions value $: -$335,302
Form type: 4
Date filed: 2/27/2023, 09:24 AM
Previous filing: Jan 10, 2023
Next filing: Jan 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CCK	Common	Award	$0	+4.98K	+5.54%	$0.00	94.8K	Feb 24, 2023	Direct	F1
transaction	CCK	Common	Tax liability	-$335K	-3.92K	-4.13%	$85.58	90.8K	Feb 24, 2023	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents additional performance-based shares of Restricted Common Stock that vested on February 24, 2023 whose grant was originally reported on a Form 4 filed with the Securities and Exchange Commission on January 13, 2020 (the "Original Form 4"). As reported on the Original Form 4, such performance-based shares were originally granted to the Reporting Person based on the Company's Return on Invested Capital achieved by the Company compared to the ROIC target with the final number of performance-based shares varying from 0 to 200% of 4,978. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded 200% payout. As a result, 4,978 additional ROIC Performance Shares were issued.
F2	Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.

Content

Represents additional performance-based shares of Restricted Common Stock that vested on February 24, 2023 whose grant was originally reported on a Form 4 filed with the Securities and Exchange Commission on January 13, 2020 (the "Original Form 4"). As reported on the Original Form 4, such performance-based shares were originally granted to the Reporting Person based on the Company's Return on Invested Capital achieved by the Company compared to the ROIC target with the final number of performance-based shares varying from 0 to 200% of 4,978. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded 200% payout. As a result, 4,978 additional ROIC Performance Shares were issued.

Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.