Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CW | Common Stock | Award | $35.1K | +214 | $163.99 | 214 | May 12, 2023 | Direct | F1, F2, F3 |
Id | Content |
---|---|
F1 | Shares were issued pursuant to the Company's Non-Employee Director Compensation Plan in which newly elected non-employee directors receive an initial grant of restricted stock in the amount of $35,000 for service on the board. The restrictions on these shares lapse upon the shorter of (a) five years 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 | Number of shares calculated based on the value of the award divided by the closing price of $163.99 for Issuer's common stock as reported by the New York Stock Exchange on May 10, 2023, the date the Board confirmed Board membership. |
F3 | The closing price for Issuer's common stock as reported by the New York Stock Exchange on May 10, 2023, the date the Board confirmed Board membership. |