4/A//SEC Filing
Stream William Gray 4/A
Accession 0001209191-23-045118
CIK 0000352955other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 11:27 AM ET
Size
8.4 KB
Accession
0001209191-23-045118
Insider Transaction Report
Form 4/AAmended
Stream William Gray
Director
Transactions
- Tax Payment
Common Stock
2022-06-13$12.92/sh−5,083$65,672→ 58,709 total
Holdings
- 7,844(indirect: Stream Investment Holdings II, L.L.C.)
Common Stock
- 15,037(indirect: Sierra Pelican, L.L.C.)
Common Stock
- 34,000(indirect: By Partnership)
Common Stock
Footnotes (2)
- [F1]The reported transaction was the withholding of shares to satisfy tax withholding obligations upon the vesting of performance shares. The performance shares were granted on June 13, 2022. Various percentages of the award vest if the closing price of the Issuer's common stock equals or exceeds, for at least ten consecutive trading days during the performance period, certain price targets. The performance period is July 15, 2020 to July 15, 2024. The Issuer's common stock met the $12 price target on May 19, 2021, before the award was granted. Accordingly, 11.27% of the award was vested at the time it was granted and the vested portion was settled on June 17, 2022. The withholding tax due and the number of shares withheld, however, were based on the value of the Issuer's common stock on the vesting date. The transaction date has been reported as the date of grant because the vesting date occurred before the grant.
- [F2]The Reporting Person disclaims ownership of the reported securities owned by Stream Family Limited Partnership, Sierra Pelican, L.L.C., and Stream Investment Holdings II, L.L.C., except to the extent of his pecuniary interest therein.
Documents
Issuer
CKX LANDS, INC.
CIK 0000352955
Entity typeother
Related Parties
1- filerCIK 0001360802
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 11:27 AM ET
- Size
- 8.4 KB