11/20/2024 | Press release | Distributed by Public on 11/20/2024 16:20
FORM 4
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $41.4 | 11/18/2024 | M | 71,142 | (6) | 02/13/2028 | Common Stock | 71,142 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $39 | 11/18/2024 | M | 80,207 | (7) | 02/13/2029 | Common Stock | 80,207 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $35.49 | 11/18/2024 | M | 139,197 | (8) | 02/12/2030 | Common Stock | 139,197 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $41.4 | 11/18/2024 | M | 41,015 | (9) | 02/07/2033 | Common Stock | 41,015 | $ 0 | 82,030 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Glidden Craig B. 300 RENAISSANCE CENTER M/C: 482-C24-A68 DETROIT, MI 48265-3000 |
Executive Vice President & GC |
/s/ Tia Y. Turk, Attorney-In-Fact for Mr. Glidden | 11/20/2024 |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.30 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote. |
(2) | The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.93 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote. |
(3) | The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $55.85 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote. |
(4) | The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.83 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote. |
(5) | The price in Column 4 is the weighted average selling price of the shares. The shares were sold in multiple transactions at prices from $56.63 to $57.50, inclusive. The Reporting Person undertakes to provide to the SEC, GM and any security holder, upon request, full information regarding the number of shares sold at each price point within the ranges set forth in this footnote. |
(6) | These stock options were granted on February 13, 2018, and are fully vested. |
(7) | These Stock Options were granted on February 13, 2019 and are fully vested. |
(8) | These Stock Options were granted on February 12, 2020 and are fully vested. |
(9) | These stock options were granted on February 7, 2023, and one-third has vested . The remaining two installments will vest on February 7, 2025 and February 7, 2026. |