Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LCUT | Common Stock | Award | $0 | +67.4K | +28.94% | $0.00 | 300K | Mar 8, 2022 | Direct | F1 |
transaction | LCUT | Common Stock | Tax liability | -$76K | -6.23K | -2.08% | $12.19 | 294K | Mar 8, 2022 | Direct | F2 |
transaction | LCUT | Common Stock | Award | $0 | +98.5K | +33.52% | $0.00 | 392K | Mar 8, 2022 | Direct | F3 |
transaction | LCUT | Common Stock | Tax liability | -$104K | -7.51K | -1.91% | $13.90 | 385K | Mar 9, 2022 | Direct | F4 |
holding | LCUT | Common Stock | 63K | Mar 8, 2022 | Trust | F5, F6 |
Id | Content |
---|---|
F1 | On June 27, 2019, the reporting person received a grant of performance shares (PSUs) that vest upon the satisfaction of certain performance conditions, with a performance period that ended December 31, 2021. On March 8, 2022, the Compensation Committee determined that certain of the performance conditions were met and shares subject to the PSUs vested. |
F2 | Portion of tax liability payment by withholding Common Stock incident to the vesting of PSUs. |
F3 | The restricted stock was granted on March 8, 2022, pursuant to the Company's Amended and Restated 2000 Long-Term Incentive Plan and vest 25% per year in four equal annual installments commencing on the first anniversary of the date of grant. |
F4 | Payment of tax liability by withholding Common Stock incident to the vesting of 18,491 restricted stock. The restricted shares were granted on March 9, 2021 and vest in four equal installments on each of March 9, 2022, March 9, 2023, March 9, 2024, March 9, 2025. |
F5 | The reporting person disclaims beneficial ownership of all securities held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose. |
F6 | Irrevocable family trust for which the reporting person's spouse is a trustee. |