Rollins chair granted 12,225 restricted shares
ROLLINS INC Executive Chairman John F. Wilson reported a mix of equity compensation and related tax withholding in company stock.
Rhea-AI Filing Summary
ROLLINS INC Executive Chairman John F. Wilson reported a mix of equity compensation and related tax withholding in company stock. He received a grant of 12,225 restricted shares of common stock at $0 per share under the 2018 Stock Incentive Plan. These restricted shares will vest over three years starting on February 20, 2027, with one-third vesting then and the rest on each of the next two anniversaries. To cover tax obligations from vesting of earlier awards, 3,188 shares were withheld by the company at $61.35 per share. After these transactions, he directly holds over six hundred thousand shares, including both restricted and unrestricted stock, plus a small balance in a dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,225 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 3,188 | $61.35 | $196K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Represents restricted shares that will vest over a three-year period beginning on February 20, 2027, with one-third of the award vesting on that date and the remaining two-thirds vesting in equal portions on each subsequent anniversary of that date.
- F2. Shares issued pursuant to the Issuer's 2018 Stock Incentive Plan. The Reporting Person did not provide, and the Issuer did not receive, any consideration for the issuance of these shares.
- F3. The disposition reported on this cell represents shares withheld by the Company to cover tax withholding obligations in connection with the vesting of restricted stock.
- F4. The amount reported in this column includes restricted shares and unrestricted shares held by the reporting person as of the date of the report.
- F5. Represents shares held as part of a Dividend Reinvestment Plan.
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What did Rollins (ROL) Executive Chairman John F. Wilson report in this Form 4?
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