4//SEC Filing
Andrew Clyde Farnsworth 4
Accession 0001562180-21-002335
CIK 0001091883other
Filed
Mar 17, 8:00 PM ET
Accepted
Mar 18, 5:15 PM ET
Size
11.9 KB
Accession
0001562180-21-002335
Insider Transaction Report
Form 4
Andrew Clyde Farnsworth
Chief Human Resources Officer
Transactions
- Award
Restricted Stock Unit (MSP)
2021-03-17+796→ 796 totalExercise: $0.00From: 2024-03-17Exp: 2031-03-17→ Common Stock (796 underlying) - Award
Restricted Stock Unit
2021-03-17+3,702→ 3,702 totalExercise: $0.00From: 2022-04-17Exp: 2031-03-17→ Common Stock (3,702 underlying)
Footnotes (2)
- [F1]The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on either (i) the annual vesting of the grant or (ii) upon the conclusion of such longer deferral period as the Reporting Person may elect in advance. In either occurrence, (i) or (ii), the RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.
- [F2]This Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuer Management Stock Purchase Plan (MSPP) whereby certain executives may make an advance election to receive RSUs in lieu of a specified percentage or dollar amount of that executives' annual incentive cash bonus under the bonus plan applicable to the executive. The RSUs are issued in whole units at a 33% discount from fair market value of the issuer's common stock on the date the underlying bonus is determined and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.
Issuer
CIRCOR INTERNATIONAL INC
CIK 0001091883
Entity typeother
Related Parties
1- filerCIK 0001644624
Filing Metadata
- Form type
- 4
- Filed
- Mar 17, 8:00 PM ET
- Accepted
- Mar 18, 5:15 PM ET
- Size
- 11.9 KB