SWK director awarded 2,603 restricted stock units
Mitchell Adrian V reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Mitchell Adrian V reported acquisition or exercise transactions in this Form 4 filing.
Stanley Black & Decker director Mitchell Adrian V received an award of 2,603 shares of common stock in the form of restricted stock units. These units are 100% vested upon grant and will be settled in shares on the 90th day after he ceases to be a board member, in either a lump sum or installments, under the company’s 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Following this grant, he holds 12,241.7243 shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,603 | $0.00 | $0.00 |
Footnotes (1)
- F1. 100% vested upon grant. Represents number of shares to be delivered upon settlement of restricted stock units. The reporting person has elected to defer settlement of such restricted stock units under the Stanley Black & Decker, Inc. 2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors. Such restricted stock units will be settled on the 90th day following the date the director ceases to be a member of the Board, either in one lump sum or in three, five or ten annual installments.
Key Figures
Key Terms
restricted stock units financial
2020 Restricted Stock Unit Deferral Plan for Non-Employee Directors financial
settled on the 90th day financial
FAQ
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What did Stanley Black & Decker (SWK) director Mitchell Adrian V receive in this Form 4?
When will the Stanley Black & Decker (SWK) restricted stock units for Mitchell Adrian V be paid out?
What plan governs the SWK director’s deferral of restricted stock units in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.