Form 4
Galanti Richard A
Director · Officer (Executive Vice President)
- Filed
- 9/18/24
- Trade dates
- 9/16/24
- Period of report
- 9/16/24
- 10b5-1 box
- Not checked
- Accession number
- 0001127602-24-024168
Table I: shares of stock
| Line | Security | Trade date | Shares | Price | Value | Owned after | Ownership | Notes |
|---|---|---|---|---|---|---|---|---|
| GrantedLine 1 · code A | Common Stock | 9/16/24 | 9,482.67Acquired | $0 | — No price on filing | 32,382.67 | Direct | F1, F2 |
| Withheld for taxesLine 2 · code F | Common Stock | 9/16/24 | 3,566.209Disposed | $907.87 | $3,237,654.16 | 28,816.461 | Direct | — |
| HoldsLine 3 | Common Stock | — | — | — | — | 726 | Indirect: By Spouse | — |
| HoldsLine 4 | Common Stock | — | — | — | — | 7,000 | Indirect: North Island Holdings LLC | F3 |
Footnotes
- F1
Grant was initially made on October 22, 2023, subject to performance conditions concerning fiscal 2024, which have been deemed satisfied by the Compensation Committee of the Board of Directors. The earned awards vest 20% on the first anniversary of the grant date and an additional 20% vest over each of the ensuing four years based on continued employment with the Company. In addition, under the 2019 Incentive Plan, employees are eligible for accelerated vesting upon the anniversary of their 25th, 30th and 35th years of service.
- F2
Not applicable. Grant of Restricted Stock Units.
- F3
The shares are held by an LLC of which the reporting person is the managing member. The reporting person disclaims beneficial ownership of these securities.