Key facts
- This page summarizes Sean M. McDevitt's Form 4 filing for BEACON ROOFING SUPPLY INC.
- 3 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 14 Mar 2022, 20:42.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
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Additional SEC filing notes
Footnote F1
Each restricted stock unit represents a contingent right to receive one (1) share of BECN common stock.
Footnote 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.
Footnote F3
These restricted stock units are scheduled to vest on the third anniversary of the grant date.
Footnote F4
The stock options are scheduled to vest in three (3) equal annual installments beginning on the first anniversary of the grant date.