Watson Karl 4
4 · Forterra, Inc. · Filed Dec 22, 2021
Insider Transaction Report
Form 4
Forterra, Inc.FRTA
Watson Karl
DirectorChief Executive Officer
Transactions
- Exercise/Conversion
Common Stock
2021-12-21+202,500→ 1,276,347 total - Tax Payment
Common Stock
2021-12-21$23.79/sh−79,684$1,895,682→ 1,196,663 total - Exercise/Conversion
Restricted Stock Unit
2021-12-21−202,500→ 0 total→ Common Stock (202,500 underlying)
Footnotes (3)
- [F1]Shares withheld on vesting of performance-based restricted stock units (PSUs) to cover applicable withholding taxes, with the number of shares withheld based on the December 21, 2021 closing price.
- [F2]Each PSU represents the right to receive, at settlement, one share of Forterra, Inc. common stock.
- [F3]This number represents the remaining 75% of the tranche of PSUs that vested one year after attainment of the stock price hurdle of $18.00 by a 20-day volume weighted average calculation.