AngloGold Ashanti (NYSE: AU) details COO performance and share awards
Rhea-AI Filing Summary
AngloGold Ashanti PLC disclosed the equity-based holdings of Chief Operating Officer Marcelo Pereira da Silva in a regulatory insider ownership report. The filing lists several award types that each represent a contingent right to receive one Ordinary Share upon vesting, subject to continued service.
The report shows Performance Share Plan Awards tied to 7,235, 14,442, and 5,243 underlying Ordinary Shares of $1.00 each, with exercise prices of $0.00 and expirations between 2034 and 2036. It also notes a Transition Share Plan Award covering 3,480 units, a Deferred Share Plan Award covering 2,986 units, and Restricted Stock Units covering 8,320 units.
Footnotes explain that transition, deferred and restricted share units convert one-for-one into Ordinary Shares when they vest, and that performance share awards vest three years after grant based on specified performance criteria and continued employment.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Transition Share Plan Award | -- | -- | -- |
| holding | Deferred Share Plan Award | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
Footnotes (4)
- F1. Each transition share plan award unit represents a contingent right to receive one Ordinary Share upon vesting, at which time all restrictions on the vested shares will lapse, subject to the continued service of the Reporting Person through the applicable vesting date.
- F2. Each deferred share plan award unit represents a contingent right to receive one Ordinary Share upon vesting, at which time all restrictions on the vested shares will lapse, subject to the continued service of the Reporting Person through the applicable vesting date. Each award vests in three equal tranches annually following the grant.
- F3. Each restricted share unit represents a contingent right to receive one Ordinary Share upon vesting, at which time all restrictions on the vested shares will lapse, subject to the continued service of the Reporting Person through the applicable vesting date.
- F4. A performance share plan award represents a contingent right to receive Ordinary Shares from the Issuer upon vesting, which will occur three years following grant. The performance share plan award is initially made at target, and the amount of Ordinary Shares received will be determined based on achievement of specified performance criteria over the applicable performance period, subject to continued service of the Reporting Person through the vesting date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
