Goodyear grants PSUs and RSUs to senior executive
Goodyear Tire & Rubber reported that senior vice president Don Metzelaar received equity awards under the 2022 Performance Plan.
Rhea-AI Filing Summary
Goodyear Tire & Rubber reported that senior vice president Don Metzelaar received equity awards under the 2022 Performance Plan. He was granted 41,284 Performance Share Units that are contingently payable 100% in common stock in February 2029. The final number of shares can range from 0% to 200% of this amount based on performance through December 31, 2028, and may increase or decrease up to 20% depending on total shareholder return versus a peer group over the same period. He also received 30,963 Restricted Stock Units that will vest and convert into common shares in 33% increments over three years commencing on March 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2022 Plan Performance Share Units | 41,284 | $0.00 | $0.00 |
| Grant/Award | 2022 Plan Restricted Stock Units | 30,963 | $0.00 | $0.00 |
Footnotes (2)
- F1. Performance Share Unit grant under the 2022 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2029. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 4, depends on the attainment of certain performance goals over a 3-year period ending December 31, 2028, and is subject to increase or decrease of up to 20% based on the Company's total shareholder return vs. a peer group over the 3-year period ending December 31, 2028.
- F2. Restricted Stock Unit ("RSU") grant under the 2022 Performance Plan. The RSUs will vest and convert into shares of common stock in 33% increments over three years commencing on March 1, 2027.
FAQ
What insider transactions did Goodyear (GT) disclose for Don Metzelaar?
What are the vesting terms of Don Metzelaar’s Restricted Stock Units at Goodyear (GT)?
Are Don Metzelaar’s Goodyear (GT) equity awards performance-based?
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