Norkus Hans Michael 4
4 · ACCO BRANDS Corp · Filed Dec 19, 2019
Insider Transaction Report
Form 4
ACCO BRANDS CorpACCO
Norkus Michael
Director
Transactions
- Award
Phantom Stock Units
2019-12-18+175.92→ 26,264.14 total→ Common Stock (175.92 underlying) - Award
Restricted Stock Units
2019-12-18+432.58→ 64,589.02 totalExercise: $0.00→ Common Stock (432.58 underlying)
Footnotes (4)
- [F1]Phantom Stock Units (PSUs) represent the economic value of the cash portion of director's annual retainer fees deferred under the ACCO Brands Corporation Deferred Compensation Plan for Non-Employee Directors based on the closing price per share of the Issuer's common stock on the date of deferral. PSUs are payable, at the director's election, in cash or common stock, upon the occurrence of certain events.
- [F2]Represents Phantom Stock Units (PSUs) acquired pursuant to the dividend equivalent provisions of the Reporting Person's outstanding PSUs.
- [F3]Represents Restricted Stock Units (RSUs) acquired pursuant to the dividend equivalent provisions of the Reporting Person's outstanding RSU awards.
- [F4]Restricted Stock Units (RSUs) granted under the Issuer's Incentive Plan. RSUs are immediately vested, but have been deferred under the Issuer's Deferred Compensation Plan for Non-Employee Directors. Each RSU represents the right to receive one share of the Issuer's common stock upon the earlier of the date of the reporting person's death or disability, or cessation of service as a member of the Board of Directors.