Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMG | Common Shares | Other | $500 | +4.06 | +0.05% | $123.02 | 8.47K | Sep 24, 2021 | Direct | |
transaction | SMG | Common Shares | Award | $0 | +58.3K | +688.69% | $0.00 | 66.8K | Oct 26, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SMG | Phantom Stock | Award | $19.7K | +130 | +1.15% | $151.62 | 11.4K | Oct 26, 2021 | Common Shares | 130 | Direct | F2, F3 |
Id | Content |
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F1 | On January 30, 2017, the Issuer made a grant to the Reporting Person of 23,339 performance units (the "2017 grant"). Under the award agreement, the 2017 grant included an enhanced issuance provision under which the Reporting Person would receive a range of 50% to 250% of the original grant depending on certain pre-determined performance criteria over the entirety of the plan period. On October 26, 2021, the Compensation Committee of the Issuer's Board of Directors determined that the performance measures related to the 2017 grant were satisfied to the extent required to permit for the issuance of shares equal to 250% of the original grant. |
F2 | Each share of phantom stock represents the right to receive one common share of Issuer or the cash value thereof. |
F3 | Shares of phantom stock are payable in cash following termination of the reporting person's employment with Issuer. The reporting person may transfer his/her phantom stock into an alternative investment at any time. |