ManpowerGroup director was just granted 2,345 restricted shares

John Francis Ferraro, a director of ManpowerGroup, just received 2,345 restricted shares from the company. The restricted shares don't become available to Ferraro until such time as they become vested. Ferraro now owns at least 15,124 restricted shares of the company.

Some additional info was provided as follows:


The shares of deferred stock vest in quarterly installments on the last day of each calendar quarter during 2021 and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2024 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the "Terms and Conditions" (as defined below).
Annual grant of deferred stock under the 2011 Equity Incentiv e Plan of the Company (the "Plan") and the Terms and Conditions Regarding the Grant of Awards to Non-Employee Directors under the Plan
(the "Terms and Conditions").
Represents the Market Price (as defined in the Plan) on the last trading day of 2020.
The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2023 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.
Receipt of deferred stock under the Plan and the Terms and Conditions in lieu of dividends.
Represents the Average Trading Price (as defined in the Terms and Conditions).
The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2024 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.
The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2025 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.
The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2026 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.
The shares of deferred stock are fully vested on the date of grant and will be settled in shares of ManpowerGroup common stock on a 1 for 1 basis on the earlier of January 1, 2027 or within 30 days after the reporting person's termination of service as a director, except as otherwise provided in the Terms and Conditions.

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:

Manpowergroup Reports 2Nd Quarter 2021 Results - July 20, 2021

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