White John Stuart 4
4 · CSS INDUSTRIES INC · Filed May 31, 2019
Insider Transaction Report
Form 4
White John Stuart
EVP - operations
Transactions
- Exercise/Conversion
Common Stock ($.10 par value)
2019-05-29+1,575→ 2,575 total - Tax Payment
Common Stock ($.10 par value)
2019-05-29$6.28/sh−434$2,726→ 2,141 total - Exercise/Conversion
Restricted Stock Units
2019-05-29−1,575→ 4,725 totalExercise: $0.00→ Common Stock ($.10 par value) (1,575 underlying)
Footnotes (3)
- [F1]Reflects the automatic redemption of restricted stock units (RSUs) upon the satisfaction of service-based vesting conditions. Each RSU was redeemed for one share of Issuer common stock.
- [F2]Reflects shares withheld to satisfy the reporting person's tax liability in connection with the vesting of RSUs.
- [F3]Subject to the satisfaction of service-based vesting conditions, 25% of the Restricted Stock Units (RSUs) will vest on each of the 1st, 2nd, 3rd and 4th anniversaries of the grant date, May 29, 2018. Upon vesting, RSUs are automatically converted into shares of Issuer common stock on a 1-to-1 basis.