Honeywell director receives phantom share award
ANGOVE DUNCAN reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
ANGOVE DUNCAN reported acquisition or exercise transactions in this Form 4 filing.
HONEYWELL INTERNATIONAL INC director Duncan Angove received an award of 336.5822 deferred compensation phantom shares tied to Honeywell common stock. The award was valued using a reference price of $221.75 per share for allocation purposes.
These phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on the Honeywell common stock price at settlement, according to Angove’s elections under the plan. Following this award, his deferred compensation phantom share balance is 9,790.3380 units.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Compensation (Phantom Shares) | 336.5822 | $221.75 | $75K |
Footnotes (2)
- F1. Deferred Compensation (Phantom Shares) are allocated based on the price of Common Stock on the contribution date by dividing the dollar amount of the contribution by the price per share of Common Stock. Common Stock prices are based on the mean of the highest and lowest sales price on the last trading day before the contribution or settlement. Phantom Shares are settled in cash based on the price of Common Stock at settlement.
- F2. Phantom shares are accrued under the Deferred Compensation Plan for Non-Employee Directors and will be settled in cash based on elections by the Reporting Person as permitted under the Plan.
Key Figures
Key Terms
Deferred Compensation Plan for Non-Employee Directors financial
grant, award, or other acquisition financial
FAQ
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