Elanco executive granted deferred stock units
Correia de Simas Jose Manuel reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Correia de Simas Jose Manuel reported acquisition or exercise transactions in this Form 4 filing.
Elanco Animal Health officer Correia de Simas Jose Manuel received a grant of 17,637.8425 deferred stock units on Company common stock at a reference value of $23.36 per unit. Following this award, he holds 22,280.4709 deferred stock units. These units will be settled in cash or shares after employment ends or in a designated future year under the Executive Deferral and Stock Match Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 17,637.8425 | $23.36 | $412K |
Footnotes (2)
- F1. Each deferred stock unit represents the right to receive one share of Company common stock or the cash equivalent.
- F2. Deferred stock units settle in cash or shares of Company common stock following termination of employment or during a specified future year in accordance with Executive Deferral and Stock Match Plan.
FAQ
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What insider transaction did Elanco (ELAN) report in this Form 4?
What are the key terms of the deferred stock units granted at Elanco (ELAN)?
How many deferred stock units does the Elanco (ELAN) officer hold after this grant?
When will the Elanco (ELAN) deferred stock units be settled?
Does this Elanco (ELAN) Form 4 reflect a market purchase or sale of stock?
What plan governs the Elanco (ELAN) deferred stock unit grant?
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