AngloGold Ashanti (NYSE: AU) CLO details share and award holdings
Rhea-AI Filing Summary
AngloGold Ashanti PLC executive Lizelle Marwick, the Chief Legal Officer, reported her equity interests in a Form 3 initial ownership filing. She directly holds 33,302 Ordinary Shares of $1.00 each. She also has several stock-based awards that may convert into ordinary shares if vesting and performance conditions are met.
These include performance share plan awards tied to up to 38,357, 24,430, and 8,326 underlying ordinary shares with exercise prices of $0.00 and expirations between 2034 and 2036. In addition, she holds 5,550 restricted stock units, 7,384 transition share plan units, and 48,182 deferred share plan units, each representing a contingent right to receive one ordinary share upon vesting, subject to continued service and, for performance awards, specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Transition Share Plan Award | -- | -- | -- |
| holding | Ordinary Shares of $1.00 each | -- | -- | -- |
| holding | Deferred Share Plan Award | -- | -- | -- |
Footnotes (1)
- 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. 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. 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 five equal tranches annually following the grant. 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.
