SEC Form 4 · accession 0001246360-17-001159
CROWN HOLDINGS, INC. · CCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas A Kelly
Officer — Senior Vice President & CFO
Period of report
Feb 28, 2017
Accepted (ET)
Mar 2, 2017 · 4:00 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001219601
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| CommonF1 | Feb 28, 2017 | A | 20,790 | $0.00 | A | 96,046 | D | |
| Common | holding | — | — | — | 1,049 | I | By 401(k) Plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted 20,790 shares of Restricted Common Stock under the 2013 Stock-Based Compensation Plan. 6,804 time-vested restricted shares vest over a three year period as follows: 2,268 time-vested restricted shares on February 28, 2018, 2019 and 2020, respectively. 7,182 performance-based restricted shares vest on February 28, 2020 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 7,182. 6,804 performance-based restricted shares vest on February 28, 2020 based on the Return on Invested Capital achieved by the Company compared to the ROIC target varying from 0 to 200% of 6,804.