CROWN HOLDINGS, INC. — Director's Dealing 2021

Jan 12, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CROWN HOLDINGS INC (CCK)
CIK: 0001219601
Period of Report: 2021-01-08

Reporting Person: NOVAES DJALMA JR (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-08	Common	A	10504	—	Acquired	79964	Direct
2021-01-11	Common	A	5346	—	Acquired	85310	Direct
2021-01-11	Common	F	5371	$100.04	Disposed	79939	Direct

Footnotes

F1: The Reporting Person was granted 10,504 shares of Restricted Common Stock under the 2013 Stock-Based Compensation Plan. 3,608 time-vested restricted shares vest over a three year period as follows: 1,203 time-vested restricted shares on January 10, 2022 and January 09, 2023, respectively and 1,202 time-based restricted shares on January 8, 2024. 3,288 performance-based restricted shares are targeted to vest on January 8, 2024 based on the Company's Total Shareholder Return versus a defined peer group of companies, with the final number of performance-based vested shares varying from 0 to 200% of 3,288. 3,608 performance-based restricted shares are targeted to vest on January 8, 2024 based on the Return on Invested Capital achieved by the Company compared to the ROIC target, with the final number of performance-based vested shares varying from 0 to 200% of 3,608.

F2: Represents additional performance-based shares of Restricted Common Stock that vested on January 11, 2021 whose grant was originally reported on a Form 4 filed with the U.S. Securities and Exchange Commission on January 8, 2018 (the "Original Form 4"). As reported on the Original Form 4, such performance-based shares were originally granted to the Reporting Person based on the Company's Total Shareholder Return versus a defined group of companies with the final number of performance-based vested shares varying from 0 to 200% of 5,346.

F3: Represents shares transferred to the Company for tax withholding in connection with vesting of restricted stock.