Clarivate director receives 62,264-share equity award
Clarivate PLC director Andrew Miles Snyder reported routine equity compensation and related tax withholding.
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Rhea-AI Filing Summary
Clarivate PLC director Andrew Miles Snyder reported routine equity compensation and related tax withholding. He received an annual non-employee director award of 62,264 restricted share units of ordinary shares at no cost under the Clarivate Plc Amended and Restated 2019 Incentive Award Plan. In connection with equity compensation, 2,841 shares were withheld at $2.44 per share to cover tax obligations. Following these transactions, Snyder directly holds 270,703 ordinary shares. He also has indirect holdings through Cambridge Information Group entities and the Snyder 2011 Family Trust, for which he disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Ordinary Shares | 62,264 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Ordinary Shares | 2,841 | $2.44 | $7K |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (4)
- F1. Represents shares withheld for taxes.
- F2. Annual non-employee director award of restricted share units granted pursuant to the Clarivate Plc Amended and Restated 2019 Incentive Award Plan.
- F3. Andrew M. Snyder is the Chief Executive Officer of and a shareholder in Cambridge Information Group Inc. ("CIG"), which acts as manager of Cambridge Information Group I LLC, Cambridge Information Group II LLC and Cambridge Information Group III LLC. CSA GP Corporation is a wholly owned subsidiary of CIG. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F4. Andrew M. Snyder serves as a trustee and is one of the beneficiaries of the Snyder 2011 Family Trust. Mr. Snyder disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Key Figures
Key Terms
non-employee director award financial
beneficial ownership financial
pecuniary interest financial
tax liability financial
withheld for taxes financial
FAQ
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What did Clarivate (CLVT) director Andrew Miles Snyder report in this Form 4?
What are Andrew Miles Snyder’s direct Clarivate (CLVT) holdings after these transactions?
Does Andrew Miles Snyder have indirect Clarivate (CLVT) holdings through other entities?
What does the tax withholding transaction mean in Andrew Miles Snyder’s Clarivate (CLVT) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.