AngloGold Ashanti (NYSE: AU) CDO details share and award holdings
Rhea-AI Filing Summary
AngloGold Ashanti PLC Chief Development Officer Terry Briggs filed an initial ownership report showing direct holdings and equity awards in the company. He directly holds 42,032 Ordinary Shares of $1.00 each, plus performance share plan awards tied to 24,603, 8,830 and 37,319 underlying ordinary shares. He also holds 5,886 restricted stock units, a 7,287 transition share plan award and a 48,183 deferred share plan award, each representing rights to receive one ordinary share per unit upon vesting, subject to continued service and, for performance awards, achievement of specified performance criteria.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Briggs Terry
Role
Chief Development Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Performance Share Plan Award | -- | -- | -- |
| holding | Ordinary Shares of $1.00 each | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Transition Share Plan Award | -- | -- | -- |
| holding | Deferred Share Plan Award | -- | -- | -- |
Holdings After Transaction:
Performance Share Plan Award — 24,603 shares (Direct);
Ordinary Shares of $1.00 each — 42,032 shares (Direct);
Restricted Stock Unit — 5,886 shares (Direct);
Transition Share Plan Award — 7,287 shares (Direct);
Deferred Share Plan Award — 48,183 shares (Direct)
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.
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FAQ
What does Terry Briggs report in his Form 3 for AngloGold Ashanti (AU)?
Terry Briggs reports his initial ownership in AngloGold Ashanti, including 42,032 directly held ordinary shares. He also lists multiple equity awards—performance, restricted, transition and deferred share units—that each convert into ordinary shares upon vesting, subject to continued service and, for some, performance conditions.
What role does Terry Briggs hold at AngloGold Ashanti and why is this Form 3 filed?
Terry Briggs is Chief Development Officer at AngloGold Ashanti. As a company officer, he must disclose his beneficial ownership of company securities on Form 3, providing investors with transparency into his shareholdings and incentive-based equity awards tied to company performance.