Djalma Novaes Jr - 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 $
-$218,169
Form type
4
Date filed
2/23/2024, 12:12 PM
Previous filing
Jan 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CCK Common Award $0 +3.61K +3.52% $0.00 106K Feb 22, 2024 Direct F1
transaction CCK Common Tax liability -$218K -2.84K -2.68% $76.82 103K Feb 22, 2024 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 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 3,608. The Return on Invested Capital achieved by the Company compared to the ROIC target yielded 200% payout. As a result, 3,608 additional ROIC Performance Shares were issued.
F2 Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.