SEC Form 4 · accession 0001246360-18-000123
CROWN HOLDINGS, INC. · CCK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Didier Sourisseau
Officer — President, European Division
Period of report
Jan 4, 2018
Accepted (ET)
Jan 8, 2018 · 3:35 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 | Jan 4, 2018 | A | 20,788 | $0.00 | A | 48,488 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The Reporting Person was granted 20,788 shares of Deferred Common Stock under the 2013 Stock-Based Compensation Plan. 7,064 time-vested deferred shares vest over a three year period as follows: 2,355 time-vested deferred shares on January 4, 2019 and January 4, 2020, and 2,354 time-vested deferred shares on January 4, 2021. 6,660 performance-based deferred shares are targeted to vest on January 4, 2021 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 6,660. 7,064 performance-based deferred shares are targeted to vest on January 4, 2021 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 200% of 7,064.