Schindler Philipp bought GOOGL
January 9, 2025 · Form 4 insider transaction
Schindler Philipp bought 81,844 shares of Alphabet Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
The shares were acquired upon the certification by the Leadership Development, Inclusion and Compensation Committee of the Board of Directors for the satisfaction of performance criteria underlying an award of performance stock units (PSUs) granted to the Reporting Person on January 5, 2022 under the terms of Alphabet's Amended and Restated 2021 Stock Plan and applicable PSU award agreement. The award provided that if Alphabet's total shareholder return (TSR) performance relative to S&P 100 companies is between the 25th percentile (for 50% target payout) and 50th percentile (for 100% target payout) for the three-year performance period ending December 31, 2024, the PSU payout will be determined by linear interpolation. Alphabet's TSR for the three-year performance period was 22.55%, which ranked Alphabet's TSR at the 49.49th percentile relative to S&P 100 companies, resulting in a payout of 98.99% of target or 81,844 shares, including share-settled dividends.