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: 11/27/2020ACC: 0001678463-20-000134
DirectorOfficer· Chief Executive Officer
Since Jul 2019
-79.68K
Net shares
Net seller
$1.44M
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
24.3%
11/25/2020
832.58K→1.04M
Common Stock
Direct
Shares
−79.68K
Price / share
$18.08
Trade value
$1.44M
% of position
7.7%
11/25/2020
1.04M→955.40K
Total
Net shares
+122.82K
Net value
-$1.44M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/25/2020 | M · Option Exercise | +202.50K | — | — | 24.3% | 832.58K | 1.04M |
| Common Stock Direct | 11/25/2020 | F · Tax Withholding | −79.68K | $18.08 | $1.44M | 7.7% | 1.04M | 955.40K |
| Total | +122.82K | -$1.44M | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
202.50K shares
Shares
−202.50K
Strike price
Held after
472.50K
Exercisable
—
11/25/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock202.50K shares | 11/25/2020 | M · Option Exercise | −202.50K | — | 472.50K |