Todorov Dimiter bought SMG
January 23, 2024 · Form 4 insider transaction
Todorov Dimiter bought 5,106 shares of The Scotts Miracle-Gro Company 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.
Footnotes
On February 3, 2023, the Issuer made a grant to the Reporting Person of 5,106 performance units (the "2023 grant"). Under the award agreement, the 2023 grant included an enhanced issuance provision under which the Reporting Person would receive a range of 50% to 100% of the original grant depending on certain pre-determined performance criteria over the entirety of the plan performance period. On January 23, 2024, the Compensation Committee of the Issuer's Board of Directors determined that the performance measures related to the 2023 grant were satisfied to the extent required to permit for the issuance of shares equal to 100% of the original grant. The grant continues to be subject to service based vesting requirements that will be fully satisfied on February 3, 2026.