GPK executive granted 12,006 restricted stock units
GRAPHIC PACKAGING HOLDING CO reported that SVP, CAO and Interim CFO Charles D. Lischer acquired 12,006 Service-Based Restricted Stock Units as a compensation award.
Rhea-AI Filing Summary
GRAPHIC PACKAGING HOLDING CO reported that SVP, CAO and Interim CFO Charles D. Lischer acquired 12,006 Service-Based Restricted Stock Units as a compensation award. These units were granted at no cash cost to him and represent a right to receive common shares in the future.
The Service-Based Restricted Stock Units vest in three substantially equal tranches on the first, second and third anniversaries of the grant date, with accelerated treatment possible in cases such as death, disability, retirement, involuntary termination or change in control. The units convert into shares of common stock upon vesting and payment, at which point they expire as restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Service-Based Restricted Stock Units | 12,006 | $0.00 | $0.00 |
Footnotes (2)
- F1. The Service-Based Restricted Stock Units vest and become payable in three substantially equal tranches on the first, second and third anniversaries of the date of grant, except in the event of death, disability, retirement, involuntary termination or change in control.
- F2. The Service-Based Restricted Stock Units expire upon their conversion and payment in shares of the Company's Common Stock as described under "Date Exerciseable."
FAQ
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What insider transaction did GPK executive Charles D. Lischer report?
How many restricted stock units did GPK grant to Charles D. Lischer?
What is the vesting schedule for Charles D. Lischer’s GPK restricted stock units?
Do the GPK restricted stock units granted to Charles D. Lischer have an exercise price?
When do Charles D. Lischer’s GPK restricted stock units convert into common stock?
Is Charles D. Lischer’s ownership of GPK restricted stock units direct or indirect?
AI-generated analysis. How Rhea-AI works. Not financial advice.