AdvanSix director granted 537 share-equivalent units
Williams Patrick reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Williams Patrick reported acquisition or exercise transactions in this Form 4 filing.
AdvanSix Inc. director Patrick Williams received an equity-based award representing 537 share-equivalent units. The grant, valued at $24.40 per share-equivalent on the transaction date, was allocated to his deferred stock unit fund under the AdvanSix Inc. Deferred Compensation Plan.
After this allocation, Williams holds 36,567 common shares and share-equivalent units in total, including an additional 107 stock units credited as dividend equivalents tied to unvested restricted stock units and deferred stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 537 | $24.40 | $13K |
Footnotes (2)
- F1. Represents the allocation of deferred compensation to the reporting person's deferred stock unit fund account under the AdvanSix Inc. Deferred Compensation Plan. Each unit allocated under the stock unit fund represents the economic equivalent of one share of common stock. Units are paid out in shares of AdvanSix Inc. common stock upon distribution.
- F2. Includes an additional 107 shares representing stock units credited as dividend equivalents in connection with unvested restricted stock units under the 2016 Stock Incentive Plan of AdvanSix Inc. and its Affiliates, as amended and restated, and deferred stock units under the AdvanSix Inc. Deferred Compensation Plan, which were acquired in transactions exempt from reporting under Rule 16a-11.
Key Figures
Key Terms
Deferred Compensation Plan financial
deferred stock unit fund financial
dividend equivalents financial
restricted stock units financial
FAQ
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What insider transaction did AdvanSix (ASIX) director Patrick Williams report?
Was the AdvanSix (ASIX) Form 4 transaction a stock purchase or a compensation grant?
What is the value reference for Patrick Williams’ AdvanSix (ASIX) equity grant?
What do the additional 107 AdvanSix (ASIX) stock units in the Form 4 footnote represent?
How are Patrick Williams’ AdvanSix (ASIX) deferred stock units settled?
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