Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BECN | Restricted Stock Units (RSUs) | Award | $0 | +11.2K | $0.00 | 11.2K | Mar 10, 2022 | Common Stock, $0.01 par value | 11.2K | Direct | F1, F2 | ||
transaction | BECN | Restricted Stock Units (RSUs) | Award | $0 | +2.12K | $0.00 | 2.12K | Mar 10, 2022 | Common Stock, $0.01 par value | 2.12K | Direct | F1, F3 | ||
transaction | BECN | Stock Option (right to buy) | Award | $0 | +4.72K | $0.00 | 4.72K | Mar 10, 2022 | Common Stock, $0.01 par value | 4.72K | $58.98 | Direct | F4 |
Id | Content |
---|---|
F1 | Each restricted stock unit represents a contingent right to receive one (1) share of BECN common stock. |
F2 | These restricted stock units consist of four equal portions, with one portion relating to a performance period of 3/10/2022 to 3/31/2024, one portion relating to a performance period of 3/10/2022 to 3/31/2025 and two portions relating to performance periods of 3/10/2022 to 3/31/2026. Each performance period has a performance goal of a stock price target ($70.00, $82.50, $95.00 and $107.50, respectively). If any performance period's stock price target is not met, and a subsequent performance period stock price target is met, then any prior performance period's stock price targets shall be then deemed met. In the event a performance period stock price target is met, half the shares subject to such performance period shall vest immediately and the remaining half of the shares subject to that performance period shall vest on 3/31/2026. |
F3 | These restricted stock units are scheduled to vest on the third anniversary of the grant date. |
F4 | The stock options are scheduled to vest in three (3) equal annual installments beginning on the first anniversary of the grant date. |