Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CHRW | Phantom Stock (Restricted Stock Units) | Award | $0 | +1K | +5.3% | $0.00 | 19.9K | Mar 31, 2024 | Common Stock | 1K | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Each phantom share/restricted stock unit will be paid in one share of common stock. |
F2 | Of the 1,000 restricted stock units, 574 were granted at no cost to the reporting person as a quarterly installment of the annual equity-based award provided to each non-employee director, and 426 were granted at a price of $76.14 per unit in connection with the reporting person's election to defer receipt of his most recent quarterly cash retainer payment. |
F3 | The restricted stock units are immediately vested, and following the reporting person's termination of service as a director, become payable in shares of common stock according to the schedule previously chosen by the reporting person. |