Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CW | Common Stock | Award | $135K | +787 | +1.74% | $171.54 | 46.1K | Feb 15, 2023 | Direct | F1, F2, F3, F4 |
Id | Content |
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F1 | Shares were issued pursuant to the Company's 2014 Omnibus Incentive Plan in which non-employee directors receive an annual grant of restricted stock for service on the board. The restrictions on these shares lapse upon the shorter of (a) one year from the date of grant or (b) until such time as the service of the recipient as a Non-employee Director of the Company shall have ended by reason of his or her (i) death or disability or (ii) failure to be reelected. |
F2 | The number of shares is arrived by dividing the closing price of the Issuer's securities on February 15, 2023 into $135,000, the amount of the stock award granted to the Issuer's non-employee directors. |
F3 | Price is based on the close price for the Registrant's common stock on February 15, 2023 the date the reporting person earned annual award. |
F4 | This amendment corrects a system error that doubled the number of shares received in this transaction. |