Timothy J. Donahue - Feb 22, 2024 Form 4 Insider Report for CROWN HOLDINGS, INC. (CCK)

Signature
/s/ Rosemary Haselroth, by Power of Attorney
Stock symbol
CCK
Transactions as of
Feb 22, 2024
Transactions value $
-$1,317,156
Form type
4
Date filed
2/23/2024, 12:07 PM
Previous filing
Jan 9, 2024
Next filing
Apr 30, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +21.8K +3.44% $0.00 656K Feb 22, 2024 Direct F1
transaction CCK Common Tax liability -$1.32M -17.1K -2.61% $76.82 639K Feb 24, 2024 Direct F2
holding CCK Common 762 Feb 22, 2024 By 401(k) Plan
* 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 22, 2024 whose grant was originally reported on a Form 4 filed with the Securities and Exchange Commission on January 12, 2021 (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 21,786. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded 200% payout. As a result, 21,786 additional ROIC Performance Shares were issued.
F2 Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.