Malmstrom Anders 4
4 · Equitable Holdings, Inc. · Filed Aug 19, 2020
Insider Transaction Report
Form 4
Malmstrom Anders
Senior EVP & CFO
Transactions
- Award
Common Stock
2020-08-18+376.01→ 84,040.9 total - Award
Performance Restricted Stock Units
2020-08-18+317→ 39,513.12 total→ Common Stock (317 underlying)
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 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.