Director receives $200K stock grant at Comfort Systems
MYERS FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
MYERS FRANKLIN reported acquisition or exercise transactions in this Form 4 filing.
COMFORT SYSTEMS USA INC director Franklin Myers received a grant of 105 shares of Common Stock as a non-cash award. The grant was made under the 2017 Omnibus Incentive Plan and is valued at $200,000 based on the average share price on the annual meeting date.
After the award, Myers holds 69,088 shares directly and 12,495 shares indirectly through a partnership interest. The indirect holdings were reclassified from direct to indirect beneficial ownership in a transaction exempt from Section 16 under Rule 16a-13, so it does not represent a market trade.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 105 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Shares granted pursuant to the 2017 Omnibus Incentive Plan as approved by stockholders on May 23, 2017. Non-employee directors are given an annual grant of Comfort Systems USA Common Stock following election or reelection at the Company's annual stockholders' meeting. This year's grant is equal to $200,000, as rounded up to the nearest whole share, based on the average of the high and low price of the Company's Common Stock on the day of the annual stockholders' meeting.
- F2. The shares held indirectly were transferred from direct to indirect beneficial ownership in a transaction exempt from Section 16 pursuant to Rule 16a-13.
Key Figures
Key Terms
2017 Omnibus Incentive Plan financial
Non-employee directors financial
beneficial ownership regulatory
Rule 16a-13 regulatory
Partnership Interest financial
FAQ
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What did Franklin Myers report in this COMFORT SYSTEMS USA (FIX) Form 4 filing?
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