Leggett & Platt EVP granted 37,604 stock units
Leggett & Platt executive Robert S. Smith Jr. received a grant of 37,604 restricted stock units, settled in common stock on a one-to-one basis, which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
Rhea-AI Filing Summary
Leggett & Platt executive Robert S. Smith Jr. received a grant of 37,604 restricted stock units, settled in common stock on a one-to-one basis, which generally vest in one-third increments on the first, second and third anniversaries of the grant date. On the same day, 1,714 shares of common stock were disposed of at $11.83 per share to cover tax liabilities, leaving him with 144,008.3062 shares of common stock held directly after these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 37,604 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,714 | $11.83 | $20K |
Footnotes (1)
- F1. Represents restricted stock units (settled solely in common stock on a one-to-one basis), which generally vest in one-third increments on the first, second and third anniversaries of the grant date.
FAQ
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What did LEG executive Robert S. Smith Jr. report on this Form 4?
What is the vesting schedule for Robert S. Smith Jr.’s new LEG restricted stock units?
What do the restricted stock units reported by LEG’s Robert S. Smith Jr. represent?
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