Lawrence Erwin Schmid - 30 Jan 2023 Form 4 Insider Report for ROGERS CORP (ROG)

Signature
Sherri L. Collver with Power of Attorney
Issuer symbol
ROG
Transactions as of
30 Jan 2023
Net transactions value
$0
Form type
4
Filing time
31 Jan 2023, 12:30:58 UTC
Next filing
31 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ROG Capital (Common) Stock Award $0 +3,000 $0.000000 3,000 30 Jan 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the award of Time-Based Restricted Stock Units that convert to common stock on a one-for-one basis pursuant to the 2019 Long-Term Equity Compensation Plan. This Time-Based Restricted Stock Unit award vests in equal one-third increments on each of the first three (3) anniversaries of the Grant Date, provided that the Grantee is then employed by the Company or an Affiliate. If the Grantee dies, becomes disabled or retires prior to the third anniversary of the Grant Date, a pro-rated amount of the remaining unvested stock units in the grant would vest. In the event of a qualifying termination of employment within the 24-month period following the date of hire, 50% of the Grantee's unvested equity awards shall vest immediately. Any other Restricted Stock Units that are unvested as of the date of the Grantee's employment termination shall be forfeited.