Bonadies Fran Horowitz, Abercrombie & Fitch Company's Chief Executive Officer and a director of the company, just received 360,893 restricted shares from the company. The restricted shares don't become available to Horowitz until dates ranging from March 21, 2020 to March 21, 2021. Horowitz now owns at least 360,893 restricted shares of the company.
Some additional info was provided as follows:
Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
Restricted stock units vest 25% on the 1st and 2nd anniversaries of the date of grant and 50% on the 3rd anniversary of the date of grant.
Restricted stock unit vests 25% per year beginning on the first anniversary of the date of grant.
Th e above information was disclosed in a filing to the SEC. To see the filing, click here.
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