Rodney O Martin, VOYA Financial Inc's Chairman and CEO and a director of the company, recently acquired 9,375 shares of the company. The buys took place at prices ranging from $0.00 to $50.03 per share, on February 21, 2019. Martin now owns 198,829 shares of the company. Martin operates out of New York, NY. Some additional info was provided as follows:
Delivery of shares of the company's common stock was made to the reporting person without the payment of any consideration in connection with the vesting of the underlying restricted stock units that were awarded as compensation.
FICA tax withholding on the grant of restricted stock units.
The restricted stock units were awarded as compensation and converted to common stock on a 1 to 1 basis upon the vesting date.
stock unit represents a conditional right to receive one share of the company's common stock.
1/3 of the restricted stock units will vest on February 21, 2020, 1/3 on February 21, 2021 and 1/3 on February 21, 2022.
The number of shares of common stock that will be delivered for each performance stock unit depends on the achievement of certain performance factors. Depending on actual performance, the number of shares of common stock delivered upon the vesting date (February 21, 2022) can range from 0% to 150% of the number presented above.
Each of these units represents a right to receive the cash value of one share of the company's common stock upon the reporting person's separation from the company. The reporting person may reallocate investments in these units to alternative investments in the future.
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:
VOYA Financial Inc's See Remarks just declared owning 87,760 shares of VOYA Financial Inc - Dec. 2, 2019
VOYA Financial Inc's See Remarks just declared owning 27,488 shares of VOYA Financial Inc - Dec. 2, 2019
VOYA Financial Inc's See Remarks just declared owning 87,760 shares of VOYA Financial Inc - Nov. 18, 2019
VOYA Financial Inc's See Remarks just declared owning 27,488 shares of VOYA Financial Inc - Nov. 18, 2019
Quarterly report filed by institutional managers, Notice - Nov. 14, 2019