Mark Peter Smith, American Outdoor Brands's See remarks. and a director of the company, recently acquired 55,635 shares of the company. The buys took place at prices ranging from $0.00 to $14.19 per share, on dates ranging from May 01 to May 02, 2022. Smith now owns 261,620 shares of the company. Smith operates out of Springfield, MA. Some additional info was provided as follows:
Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over a three-year performance period. The number of shares delivered is less than the maximum number of shares that may be delivered pursuant to the award.
Includes 910 shares a
nd 823 shares acquired under the Issuer's Employee Stock Purchase Plan on September 30, 2021 and March 31, 2022, respectively.
Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations associated with the vesting of restricted stock units and performance stock units.
One-quarter of the restricted stock units shall vest on each of the first, second, third, and fourth anniversaries of the date of grant. Shares, net of tax withholding, will be delivered on each applicable vesting date.
Each performance right represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on stock performance over a three-year performance period, and shares, net of tax withholding, will be delivered on June 30, 2025. The number represents the maximum number of shares that may be delivered pursuant to the award, which is two times the target number of shares.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
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