King Michael Todd 4
4 · PROG Holdings, Inc. · Filed Mar 1, 2024
Insider Transaction Report
Form 4
King Michael Todd
Chief Legal and Compliance Off
Transactions
- Award
Common Stock
2024-02-28$29.40/sh+10,831$318,431→ 40,869 total - Award
Common Stock
2024-02-28+6,888→ 23,150 total - Award
Common Stock
2024-02-28+6,888→ 30,038 total
Footnotes (4)
- [F1]Restricted stock award is expected to vest in three equal increments on each of March 7, 2025, 2026 and 2027, subject to the grant agreement between the Issuer and the Reporting Person.
- [F2]Number of shares reported includes 485 shares purchased through the Issuer's Employee Stock Purchase Plan on December 31, 2023.
- [F3]Restricted stock award is expected to vest over two years, with 34 percent vesting on March 7, 2025 and 66 percent vesting on March 7, 2026, subject to the grant agreement between the Issuer and the Reporting Person.
- [F4]On February 28, 2024, the Compensation Committee of the Issuer's Board of Directors determined these performance shares were earned, based on the level of attainment of various performance goals. These shares, which were granted in March and May 2023, are expected to vest in three equal increments on each of March 1, 2024, 2025 and 2026, subject to the grant agreement between the Issuer and the Reporting Person.