Peter Cobb, a director of DSW Inc., just received 7,376 restricted shares from the company. The restricted shares don't become available to Cobb until such time as they become vested. Cobb now owns at least 21,089 restricted shares of the company.
Some additional info was provided as follows:
Each stock unit represents a contingent right to receive one share of the Issuer's Class A common stock.
The stock units are fully vested and will be converted to an equal number of shares of the Issuer's Class A common stock upon insider's termination of service from the Board of Directors.
Total includes accrued dividend equivalent rights.
The above information was disclosed in a filing to the SEC. To see the filing, click here.
To receive a free e-mail notification whenever DSW Inc. makes a similar move, sign up!
Other recent filings from the company include the following:
DSW Inc. director was just granted 324 restricted shares - Oct. 8, 2019
DSW Inc.'s EVP & CFO was just granted 654 ownership of the company. - Oct. 8, 2019
DSW Inc.'s Chief Executive Officer was just granted 6,144 ownership of the company. - Oct. 8, 2019
DSW Inc. director was just granted 1,142 restricted shares - Oct. 8, 2019
DSW Inc.'s EVP and Chief Admin Officer was just granted 756 ownership of the company. - Oct. 8, 2019