ADM director granted 706.994 stock units
COLBERT THEODORE III reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
COLBERT THEODORE III reported acquisition or exercise transactions in this Form 4 filing.
Archer-Daniels-Midland director Theodore Colbert III received a grant of 706.994 stock units as compensation. The award was made under Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors and increases his directly held stock units to 17,520.903.
Each stock unit is convertible into one share of Archer-Daniels-Midland common stock on a 1-for-1 basis. The units generally settle on the earlier of a specified multi-year period after grant or when he leaves the Board, consistent with the plan’s terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 706.994 | $0.00 | $0.00 |
Footnotes (3)
- F1. Granted pursuant to Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
- F2. Conversion or exercise price of Derivative Security is 1-for-1.
- F3. The earlier of the date five years after the end of the calendar year that includes the calendar quarter for which any stock unit is awarded to the participant, or in which such stock unit is credited to the participant as a dividend equivalent, or the date the participant ceases to be a member of the Board of Directors, in each case as may be extended pursuant to the terms of the Archer-Daniels-Midland Company's Stock Unit Plan for Nonemployee Directors.
Key Figures
Key Terms
Stock Units financial
Stock Unit Plan for Nonemployee Directors financial
dividend equivalent financial
Board of Directors financial
FAQ
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What insider transaction did ADM director Theodore Colbert III report?
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When do ADM director stock units like this grant generally become payable?
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