4/A//SEC Filing
Dart David M 4/A
Accession 0001104659-22-026279
CIK 0001428875other
Filed
Feb 22, 7:00 PM ET
Accepted
Feb 23, 9:26 PM ET
Size
8.1 KB
Accession
0001104659-22-026279
Insider Transaction Report
Form 4/AAmended
Dart David M
SVP, Human Resources
Transactions
- Award
Restricted Stock Units
2022-02-21+5,759→ 5,759 total→ Common Stock (5,759 underlying) - Award
Common Stock
2022-02-21+106→ 9,107 total
Footnotes (2)
- [F1]Mr. Dart was granted a target award of 5,308 performance share units ("PSUs") on February 18, 2019 that had a three-year measurement period (2019-2021), with achievement to be based on cumulative adjusted earnings per share and cumulative revenue goals, with a modifier based on total shareholder return relative to companies in our peer group. On December 27, 2021, 3,185 PSUs were accelerated to mitigate possible adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code that could arise in connection with the closing of the transactions contemplated by the merger agreement with Rentokil Initial plc. This Form 4 reflects the settlement of an additional 2% of the target award of 5,308 PSUs that settled on February 21, 2022.
- [F2]Each unit is the economic equivalent of one share of the Company's common stock. The restricted stock units were granted on February 21, 2022 and vest and settle in three equal installments on the first three anniversaries of the grant date, subject to continued employment with the Company.
Documents
Issuer
TERMINIX GLOBAL HOLDINGS INC
CIK 0001428875
Entity typeother
Related Parties
1- filerCIK 0001757287
Filing Metadata
- Form type
- 4/A
- Filed
- Feb 22, 7:00 PM ET
- Accepted
- Feb 23, 9:26 PM ET
- Size
- 8.1 KB