January 3, 2024 · Form 4 insider transaction
Madeksza Matt bought 10,115 shares of Crown Holdings, 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 2 days after the transaction.
The Reporting Person was granted 10,115 shares of Restricted Common Stock under the 2022 Stock-Based Compensation Plan. 3,478 time-vested restricted shares vest over a three year period as follows: 1,160 time-vested restricted shares on January 6, 2025, 1,159 time-vested restricted shares on January 5, 2026 and January 4, 2027, respectively. 3,120 performance-based restricted shares are targeted to vest on January 4, 2027 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 3,120. 3,517 performance-based restricted shares are targeted to vest on January 4, 2027 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 3,517.