SMG director awarded 105 dividend equivalent rights
Kingdon Mark D reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Kingdon Mark D reported acquisition or exercise transactions in this Form 4 filing.
SCOTTS MIRACLE-GRO CO director Mark D. Kingdon reported an award of 105 Dividend Equivalent Rights on common shares. These rights accrued on DSU or RSU grants at a price of $0.0000 per right, bringing his directly held Dividend Equivalent Rights to 552 following the transaction.
Each Dividend Equivalent Right is the economic equivalent of one common share and becomes exercisable proportionately with the related DSUs or RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Dividend Equivalent Rights | 105 | $0.00 | $0.00 |
Footnotes (1)
- F1. The dividend equivalent rights accrued on DSU or RSU grants and become exercisable proportionately with the DSUs or RSUs to which they relate. Each dividend equivalent right is the economic equivalent of one common share of the Issuer.
FAQ
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What did SMG director Mark D. Kingdon report on this Form 4?
What are Dividend Equivalent Rights in the SMG Form 4 filing?
How many Dividend Equivalent Rights does Mark D. Kingdon hold after this SMG transaction?
Was the SMG Form 4 transaction a purchase or sale of common stock?
How is the value of SMG Dividend Equivalent Rights determined?
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