Stream William Gray 4
4 · CKX LANDS, INC. · Filed Mar 22, 2024
Insider Transaction Report
Form 4
Stream William Gray
Director
Transactions
- Tax Payment
Common Stock
2024-02-12$13.00/sh−8,033$104,429→ 70,167 total - Exercise/Conversion
Performance Shares
2024-02-12−25,881→ 98,451 totalExp: 2024-07-15→ Common Stock (25,881 underlying) - Exercise/Conversion
Common Stock
2024-02-12+25,881→ 78,200 total
Holdings
- 34,000(indirect: By Partnership)
Common Stock
- 67,317(indirect: Sierra Pelican, L.L.C)
Common Stock
- 7,844(indirect: Stream Investment Holdings II, L.L.C.)
Common Stock
Footnotes (3)
- [F1]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.
- [F2]Each unvested performance share represents a contingent right to receive one share of the Issuer's common stock. Various percentages of the performance share 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, prices of $13, $14, $14.50 and $15 per share. The performance period is July 15, 2020 to July 15, 2024.
- [F3]The Issuer's common stock met the $13 trading price target on February 12, 2024, and 18.47% of the award vested on that date.