Abercrombie director receives RSU, phantom stock awards
Abercrombie & Fitch Co. director Suzanne M. Coulter reported routine equity compensation and related conversions.
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Rhea-AI Filing Summary
Abercrombie & Fitch Co. director Suzanne M. Coulter reported routine equity compensation and related conversions. She exercised derivative securities covering 2,089 restricted stock units and 2,089 phantom stock units into rights tied to Class A common stock at a stated price of $0.00 per unit. She also received a new grant of 2,160 restricted stock units, bringing her direct restricted stock unit holdings to 4,249 units after these transactions.
Each restricted stock unit and each share of phantom stock represents a contingent right to receive one share of Abercrombie & Fitch common stock. The new restricted stock units vest on the earlier of the first anniversary of the grant date or the next regularly scheduled annual meeting of stockholders. The phantom stock units become payable in common stock when Coulter’s service as a director ends, and following the conversion she holds 27,821.253 phantom stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Phantom Stock | 2,089 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 2,160 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 2,089 | $0.00 | $0.00 |
Footnotes (4)
- F1. Each share of phantom stock represents a right to receive one share of Issuer's common stock.
- F2. The shares of phantom stock become payable in the form of Common Stock of the Issuer upon the reporting person's termination of service as a director.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. Vests the earlier of the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders.
Key Figures
Key Terms
Restricted Stock Unit financial
Phantom Stock financial
Class A Common Stock financial
vests financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Abercrombie & Fitch (ANF) director Suzanne M. Coulter acquire in this Form 4?
How many restricted stock units does ANF director Suzanne M. Coulter hold after this filing?
What are phantom stock units in Abercrombie & Fitch (ANF) director compensation?
When do Suzanne M. Coulter’s new ANF restricted stock units vest?
How many phantom stock units does ANF director Suzanne M. Coulter hold after conversion?
AI-generated analysis. How Rhea-AI works. Not financial advice.