Zoetis EVP awarded phantom stock units
FULLER JULIE reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
FULLER JULIE reported acquisition or exercise transactions in this Form 4 filing.
Zoetis Inc. Executive Vice President Julie Fuller received a grant of 550.6435 phantom stock units on Zoetis common stock at a reference price of $39.64 per unit. Following this award, she holds a total of 1,798.0366 phantom stock units.
Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock plus a small amount of cash-equivalent investments, which typically account for around 5% of the unit’s total value. The units are settled in cash after her separation from service and may be transferred into an alternative investment fund, subject to Zoetis’ limits on the timing, frequency and permissibility of such transfers.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock Unit | 550.6435 | $39.64 | $22K |
Footnotes (2)
- F1. These phantom stock units, which were acquired pursuant to the Zoetis Supplemental Savings Plan, are settled in cash following the reporting person's separation from service and may be transferred by the reporting person into an alternative investment fund at any time, provided Zoetis may limit the timing, frequency and permissibility of transfers from one investment fund to another at any time.
- F2. Each phantom stock unit represents a fraction of a phantom share of Zoetis common stock, plus a small amount of cash-equivalent investments (the cash-equivalent investments typically represent around 5% of the total value of the phantom stock unit). Accordingly, the value of each phantom stock unit is determined by reference to the market value of Zoetis common stock and the value of the cash-equivalent investments.
Key Figures
Key Terms
Phantom Stock Unit financial
Zoetis Supplemental Savings Plan financial
cash-equivalent investments financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Zoetis (ZTS) disclose about Julie Fuller’s latest compensation grant?
How do the Zoetis (ZTS) phantom stock units granted to Julie Fuller work?
When will Julie Fuller’s Zoetis (ZTS) phantom stock units be paid out?
Can Julie Fuller move her Zoetis (ZTS) phantom stock units into other investments?
How many Zoetis (ZTS) phantom stock units does Julie Fuller hold after this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.