SEC Form 4 · accession 0001246360-17-001572
CROWN HOLDINGS, INC. · CCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Didier Sourisseau
Officer — President, European Division
Period of report
Apr 3, 2017
Accepted (ET)
Apr 5, 2017 · 4:35 pm EDT
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 | Apr 3, 2017 | A | 16,760 | $0.00 | A | 29,260 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted 16,760 shares of Deferred Common Stock under the 2013 Stock-Based Compensation Plan. 5,508 time-vested deferred shares vest over a three year period as follows: 1,836 time-vested deferred shares on April 3, 2018, 2019 and 2020, respectively. 5,744 performance-based deferred shares vest on April 3, 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 5,744. 5,508 performance-based deferred shares vest on April 3, 2020 based on the Return on Invested Capital achieved by the Company compared to the ROIC target varying from 0 to 200% of 5,508.