Equity awards for Ball Corp (NYSE: BALL) SVP Mandy Glew
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ball Corp reported that SVP and President, EMEA Mandy Glew received new equity awards. She was granted 2,554 Restricted Stock Units that convert into common shares on a one-for-one basis and generally vest on the third anniversary of the award date, subject to continued employment.
Glew was also granted 6,688 non-qualified stock options under the Ball Corporation Stock and Cash Incentive Plan. These options vest in approximately four equal annual installments starting on the first anniversary of the grant, and expire upon termination (with certain grace periods) or ten years after the award, whichever is earlier.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Glew Mandy
Role
SVP and President, EMEA
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,554 | $0.00 | -- |
| Grant/Award | Stock Options (Right to Buy) | 6,688 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,208 shares (Direct);
Stock Options (Right to Buy) — 6,688 shares (Direct)
Footnotes (1)
- Convert without cost to shares of common stock on a one-for-one basis. Restricted Stock Units awarded under the Ball Corporation Stock and Cash Incentive Plan and will vest on the third anniversary of the award date, subject generally to continued employment through each vesting date. N/A Non-Qualified Stock Options granted under the Ball Corporation Stock and Cash Incentive Plan. The stock options were granted under the Ball Corporation Stock and Cash Incentive Plan and will vest in approximately four equal annual installments, beginning on the first anniversary of the award date, subject generally to continued employment through each vesting date. Expires upon termination, with certain grace periods, or ten years after award, whichever is less.
FAQ
What insider transactions did BALL executive Mandy Glew report on this Form 4?
Mandy Glew reported receiving equity awards, not buying or selling shares on the market. She was granted 2,554 Restricted Stock Units and 6,688 non-qualified stock options under Ball Corporation’s incentive plan as part of her compensation package, increasing her direct equity-based holdings.
How many Restricted Stock Units did BALL grant to Mandy Glew and when do they vest?
Mandy Glew received 2,554 Restricted Stock Units that convert to common stock on a one-for-one basis. These units vest on the third anniversary of the award date, provided she generally remains employed through that vesting date under the company’s incentive plan.
What are the key terms of the Ball (BALL) stock options granted to Mandy Glew?
Mandy Glew was granted 6,688 non-qualified stock options under Ball’s incentive plan. The options vest in about four equal annual installments starting on the first anniversary of the grant and expire upon termination with grace periods, or ten years after the award, whichever is less.
How do the Restricted Stock Units reported by BALL’s Mandy Glew convert into common stock?
The Restricted Stock Units convert to common stock on a one-for-one basis. Once vested on the third anniversary of the award date, each unit becomes one share of Ball Corporation common stock, assuming continued employment through the applicable vesting date under the plan terms.