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4//SEC Filing

Brooks Kermitt 4

Accession 0001209191-20-020004

CIK 0001333986other

Filed

Mar 17, 8:00 PM ET

Accepted

Mar 18, 4:30 PM ET

Size

8.7 KB

Accession

0001209191-20-020004

Insider Transaction Report

Form 4
Period: 2020-03-16
Brooks Kermitt
Senior EVP
Transactions
  • Award

    Performance Restricted Stock Units

    2020-03-16+65.315,834.57 total
    Common Stock (65.31 underlying)
  • Award

    Common Stock

    2020-03-16+118.1815,392.42 total
Footnotes (3)
  • [F1]Dividend equivalents accrued on Restricted Stock Units ("RSUs") previously awarded pursuant to issuer's incentive plan. Dividend equivalents accrue when and as dividends are paid on the common shares underlying the RSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the RSUs to which they relate. Dividend equivalents are issued in the form of RSUs, each of which represents a contingent right to receive one share of common stock.
  • [F2]Total includes RSUs.
  • [F3]Dividend equivalents accrued on performance restricted stock units ("PRSUs") previously awarded pursuant to Issuer's incentive plan. Each PRSU represents a contingent right to receive one share of common stock upon vesting. The PRSUs vest upon and subject to the following criteria: (i) the Issuer's common stock achieving a market price of $26.00 for 30 consecutive days prior to May 14, 2020, or (ii) if the PRSUs have not vested by May 14, 2020, the Issuer's common stock achieving a market price of $30.00 for 30 consecutive days prior to May 14, 2023. If the PRSUs have not otherwise vested by May 14, 2023, 50% of the PRSUs will vest on May 14, 2023. Dividend equivalents accrue when and as dividends are paid on the common shares underlying the PRSUs and vest proportionately with and are subject to settlement and expiration upon the same terms as the related PRSUs. Dividend equivalents are issued as PRSUs, each representing a contingent right to receive one share of common stock.

Issuer

Equitable Holdings, Inc.

CIK 0001333986

Entity typeother

Related Parties

1
  • filerCIK 0001805170

Filing Metadata

Form type
4
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 4:30 PM ET
Size
8.7 KB