Schmid Lawrence Erwin 4
4 · ROGERS CORP · Filed Jan 31, 2023
Insider Transaction Report
Form 4
ROGERS CORPROG
Schmid Lawrence Erwin
Senior VP Global Operations
Transactions
- Award
Capital (Common) Stock
2023-01-30+3,000→ 3,000 total
Footnotes (1)
- [F1]Represents the award of Time-Based Restricted Stock Units that convert to common stock on a one-for-one basis pursuant to the 2019 Long-Term Equity Compensation Plan. This Time-Based Restricted Stock Unit award vests in equal one-third increments on each of the first three (3) anniversaries of the Grant Date, provided that the Grantee is then employed by the Company or an Affiliate. If the Grantee dies, becomes disabled or retires prior to the third anniversary of the Grant Date, a pro-rated amount of the remaining unvested stock units in the grant would vest. In the event of a qualifying termination of employment within the 24-month period following the date of hire, 50% of the Grantee's unvested equity awards shall vest immediately. Any other Restricted Stock Units that are unvested as of the date of the Grantee's employment termination shall be forfeited.