4/A//SEC Filing
Chilton Kendra 4/A
Accession 0001062993-25-005183
CIK 0001981599other
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 7:15 PM ET
Size
9.6 KB
Accession
0001062993-25-005183
Insider Transaction Report
Form 4/AAmended
Chilton Kendra
SVP, Chief Accounting Officer
Transactions
- Award
Performance Stock Units
2025-02-25+6,245→ 6,245 total→ Common Stock (6,245 underlying) - Award
Restricted Stock Units
2025-02-25+4,163→ 16,455 total→ Common Stock (4,163 underlying)
Footnotes (5)
- [F1]Represents the grant of restricted stock units ("RSUs") pursuant to the Issuer's Omnibus Incentive Plan (the "Plan"). Each RSU is the economic equivalent of one share of the Issuer's common stock and may be settled by one share of the Issuer's common stock or, in certain cases as set forth in the applicable RSU award agreement by and between the Issuer and the Reporting Person, may be settled in cash.
- [F2]This Form 4/A is being filed to amend the Form 4 filed by the Reporting Person on February 27, 2025, solely to correct a clerical error in the number of RSUs and PSUs (as defined below) previously reported for each of the acquisitions reported on Table II therein. This Form 4/A does not report any new transactions or otherwise modify any other transaction details that were previously reported.
- [F3]The RSUs will vest ratably over three years, with one-third of the RSUs to vest on each of the first three anniversaries of the date of grant.
- [F4]Represents the grant of performance stock units ("PSUs") pursuant to the Plan. Each PSU is the economic equivalent of one share of the Issuer's common stock and may be settled by delivery of one share of the Issuer's common stock or, in certain cases as set forth in the applicable PSU award agreement by and between the Issuer and the Reporting Person (the "PSU Award Agreement"), may be settled in cash.
- [F5]The PSUs will be eligible to be earned by the Reporting Person based on the achievement of certain performance metrics, as set forth in the PSU Award Agreement, over a one-year performance period from January 1, 2025 to December 31, 2025 and a subsequent two-year performance period from January 1, 2026 to December 31, 2027 (collectively, the "Performance Period"). The number of PSUs indicated reflects the "target" number of PSUs granted to the Reporting Person and the number of PSUs earned could range from 50% to 200% of such target number. Earned shares will vest after the Performance Period.
Issuer
Centuri Holdings, Inc.
CIK 0001981599
Entity typeother
Related Parties
1- filerCIK 0002045397
Filing Metadata
- Form type
- 4/A
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 7:15 PM ET
- Size
- 9.6 KB