WATSON KARL (Chief Executive Officer) exercised options at FORTERRA, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/6/2020ACC: 0001678463-20-000128
DirectorOfficer· Chief Executive Officer
Since Jul 2019
-79.68K
Net shares
Net seller
$1.18M
Total sold
0
Open market trades
0B · 0S
3
Total transactions
202.50K acquired · 282.18K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+202.50K
Price / share
—
Trade value
—
% of position
28.5%
11/5/2020
709.76K→912.26K
Common Stock
Direct
Shares
−79.68K
Price / share
$14.75
Trade value
$1.18M
% of position
8.7%
11/5/2020
912.26K→832.58K
Total
Net shares
+122.82K
Net value
-$1.18M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/5/2020 | M · Option Exercise | +202.50K | — | — | 28.5% | 709.76K | 912.26K |
| Common Stock Direct | 11/5/2020 | F · Tax Withholding | −79.68K | $14.75 | $1.18M | 8.7% | 912.26K | 832.58K |
| Total | +122.82K | -$1.18M | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
202.50K shares
Shares
−202.50K
Strike price
Held after
675K
Exercisable
—
11/5/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock202.50K shares | 11/5/2020 | M · Option Exercise | −202.50K | — | 675K |