Abercrombie & Fitch Company director was just granted 20,015 restricted shares

Sarah M. Gallagher, a director of Abercrombie & Fitch Company, just received 20,015 restricted shares from the company. The restricted shares don't become available to Gallagher until such time as they become vested. Gallagher now owns at least 23,300 restricted shares of the company.

Some additional info was provided as follows:

Each share of phantom stock represents a right to receive one share of Issuer's common stock. The shares of phantom stock become payable upon the reporting person's termination of service as a director. Total includes accrued dividends. This award converts to Common Stock of the Issuer on a 1-for-1 basis. Vests the earlier of the first anniversary of the date of grant or the next regularly scheduled annual meeting of stockholders.

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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Other recent filings from the company include the following:

Current report, items 7.01 and 9.01 - April 30, 2018
Abercrombie & Fitch: Form, Schedule Or Registration Statement No Filing Party: Date Filed: - April 30, 2018
Abercrombie & Fitch Company releases salary data. CEO received compensation of $Name and Principal P - April 30, 2018

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