Vontier VP adds deferred stock fund units
Vontier Corp reported that VP and Chief Accounting Officer Paul V. Shimp acquired additional deferred notional exposure to its common stock through the Executive Deferred Incentive Program’s Vontier Stock Fund.
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Rhea-AI Filing Summary
Vontier Corp reported that VP and Chief Accounting Officer Paul V. Shimp acquired additional deferred notional exposure to its common stock through the Executive Deferred Incentive Program’s Vontier Stock Fund. The grant represents compensation deferred at a value based on a $36.93 closing share price and converts one-to-one into common stock, settled in shares upon termination of employment.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Executive Deferred Incentive Program - Vontier Stock Fund | 1,022.376 | $36.93 | $38K |
Footnotes (3)
- F1. Compensation deferred or contributed into the Issuer's stock fund (the "EDIP Stock Fund") under Issuer's Executive Deferred Incentive Program (the "EDIP") is deemed to be invested in a number of unfunded, notional shares of the Issuer's common stock based on the closing price of such common stock as reported on the NYSE on the date of the business day preceding the date such compensation is credited to the EDIP Stock Fund, which closing price is shown in Table II, Column 8.
- F2. The notional shares convert on a one-to-one basis.
- F3. The Reporting Person is vested in all contributions to the EDIP Stock Fund. Upon termination of employment, the EDIP Stock Fund is settled in Issuer common stock.
FAQ
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What did Vontier (VNT) disclose in Paul Shimp’s latest Form 4?
What is Vontier’s Executive Deferred Incentive Program - Vontier Stock Fund?
Does this Vontier Form 4 show open-market buying or selling of stock?
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