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SILGAN HOLDINGS INC — Director's Dealing 2021
Feb 26, 2021
31102_dirs_2021-02-26_433747ea-8b41-40ff-9a12-2e1ccedf296f.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SILGAN HOLDINGS INC (SLGN)
CIK: 0000849869
Period of Report: 2021-02-24
Reporting Person: ALLOTT ANTHONY J (Director, Chairman of the Board and CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-24 | Common Stock | A | 79000 | — | Acquired | 1068728 | Direct |
Footnotes
F1: On March 1, 2020, the reporting person was granted 79,000 restricted stock units under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended, subject to the satisfaction of certain performance criteria for the Issuer's 2020 fiscal year. The performance criteria for the Issuer's 2020 fiscal year was determined to have been met upon the finalization of the Issuer's audited financial statements for 2020. Accordingly, these restricted stock units are no longer subject to cancellation. These restricted stock units vest ratably over a 3 year period beginning on March 1, 2021 and will be settled in shares of Common Stock on a 1-for-1 basis.
F2: This amount includes 426,420 restricted stock units that are not yet vested that have been granted under the Silgan Holdings Inc. Amended and Restated 2004 Stock Incentive Plan, as amended. Upon vesting, these restricted stock units will be settled in shares of Common Stock on a 1-for-1 basis.