Abbott EVP awarded stock options and shares
ABBOTT LABORATORIES executive Christopher J. Scoggins reported equity awards consisting of stock options and performance-based shares.
Rhea-AI Filing Summary
ABBOTT LABORATORIES executive Christopher J. Scoggins reported equity awards consisting of stock options and performance-based shares. He received an employee stock option for 76,273 common shares at an exercise price of $0.0000 per share, granted under the Abbott Laboratories 2017 Incentive Stock Program.
The option becomes exercisable in three annual increments of 25,424 shares on February 24, 2027, 25,424 shares on February 24, 2028, and 25,425 shares on February 24, 2029. He was also granted 18,502 common shares as a performance-based restricted stock award with a three-year term, with no more than one‑third vesting in any year upon Abbott reaching a minimum return on equity target, and the award allows shares to be withheld for taxes.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Option (right to buy) | 76,273 | $0.00 | $0.00 |
| Grant/Award | Common shares without par value | 18,502 | $0.00 | $0.00 |
Footnotes (2)
- F1. These shares represent a performance-based restricted stock award under the Abbott Laboratories 2017 Incentive Stock Program. The award has a 3-year term, with no more than 1/3 of the award vesting in any one year upon Abbott reaching a minimum return on equity target. The award includes the right to have shares withheld for tax purposes.
- F2. Employee stock option granted pursuant to the Abbott Laboratories 2017 Incentive Stock Program in a transaction exempt from Section 16 under Rule 16b-3. The option becomes exercisable in annual increments of 25,424 on February 24, 2027, 25,424 on February 24, 2028, and 25,425 on February 24, 2029.
FAQ
What did Abbott Laboratories (ABT) executive Christopher J. Scoggins receive in this Form 4 filing?
How do the new Abbott (ABT) stock options granted to Christopher J. Scoggins vest?
What are the terms of the performance-based restricted stock award reported for ABT’s Christopher J. Scoggins?
Under which plan were Christopher J. Scoggins’s Abbott (ABT) equity awards granted?
Are the equity awards to Abbott (ABT) executive Christopher J. Scoggins classified as acquisitions or open-market purchases?
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