Craig R Stapleton, a director of Abercrombie & Fitch Company, just received 8,043 restricted shares from the company. The restricted shares don't become available to Stapleton until such time as they become vested. Stapleton now owns at least 32,660 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 in the form of Common Stock of the Issuer 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 schedul
ed 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: