Winnebago director awarded deferred stock units
Pack Michael E reported acquisition or exercise transactions in this Form 4 filing.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Pack Michael E reported acquisition or exercise transactions in this Form 4 filing.
Winnebago Industries director Michael E. Pack received an equity-based award in the form of deferred stock units. On this Form 4, he was granted 565 deferred stock units at a reference value of $39.89 per unit, bringing his total deferred stock unit holdings to 2,816.
These units are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan and will be settled 100% in Winnebago common stock. Settlement occurs upon the earliest of his termination of service as a director, death, disability, or a change in the effective control of the company, consistent with his prior election under the plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 565 | $39.89 | $23K |
Footnotes (1)
- F1. Deferred Stock Units are accrued under the Winnebago Industries, Inc. Directors Deferred Compensation Plan and are to be settled 100% in Winnebago Industries common stock upon the earliest of the following events: reporting person's termination of service as a director, death, disability or a "change in the effective control of the Company" as defined in the Plan pursuant to an election made by reporting person.
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