ACCO director granted 6,118 RSUs in new award
ACCO BRANDS director Pradeep Jotwani acquired 6,118.6000 Restricted Stock Units (RSUs) through dividend-equivalent provisions tied to his earned and outstanding RSU awards.
Rhea-AI Filing Summary
ACCO BRANDS director Pradeep Jotwani acquired 6,118.6000 Restricted Stock Units (RSUs) through dividend-equivalent provisions tied to his earned and outstanding RSU awards. Following this award, his RSU balance increased to 247,601.0700 units.
The RSUs were granted under ACCO BRANDS' Incentive Plan and are either immediately vested or vest on the one-year anniversary of the grant date. All of these RSUs have been deferred under the company’s Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of ACCO BRANDS common stock upon the earlier of his death or disability, or when he ceases to serve on the Board of Directors.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 6,118.6 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents Restricted Stock Units (RSUs) acquired pursuant to the dividend equivalent provisions of the Reporting Person's earned and outstanding RSU awards.
- F2. Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. RSUs are immediately vested or vest on the one year anniversary of the grant date, but in either case, have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of the Issuer's common stock upon the earlier of the date of the reporting person's death or disability, or cessation of service as a member of the Board of Directors.
FAQ
What insider transaction did ACCO (ACCO) director Pradeep Jotwani report?
How were the new ACCO (ACCO) RSUs for Pradeep Jotwani generated?
When do Pradeep Jotwani’s ACCO (ACCO) RSUs vest and pay out?
Under which plans were the new ACCO (ACCO) RSUs for Jotwani granted and deferred?
Does the ACCO (ACCO) Form 4 indicate any insider selling activity?
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