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: 12/23/2020ACC: 0001678463-20-000145
DirectorOfficer· Chief Executive Officer
Since Jul 2019
-41.56K
Net shares
Net seller
$469.6K
Total sold
0
Open market trades
0B · 0S
4
Total transactions
135K acquired · 176.56K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
−150K
Price / share
—
Trade value
—
% of position
15.7%
12/16/2020
955.40K→805.40K
Common Stock
Direct
Shares
+67.50K
Price / share
—
Trade value
—
% of position
8.4%
12/21/2020
805.40K→872.90K
Common Stock
Direct
Shares
−26.56K
Price / share
$17.68
Trade value
$469.62K
% of position
3.0%
12/21/2020
872.90K→846.34K
Total
Net shares
−109.06K
Net value
-$469.62K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/16/2020 | G · Gift | −150K | — | — | 15.7% | 955.40K | 805.40K |
| Common Stock Direct | 12/21/2020 | M · Option Exercise | +67.50K | — | — | 8.4% | 805.40K | 872.90K |
| Common Stock Direct | 12/21/2020 | F · Tax Withholding | −26.56K | $17.68 | $469.62K | 3.0% | 872.90K | 846.34K |
| Total | −109.06K | -$469.62K | ||||||
Derivative Transactions1
Restricted Stock Unit
Direct
Converts to
Common Stock
67.50K shares
Shares
+67.50K
Strike price
Held after
405K
Exercisable
—
12/21/2020
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Restricted Stock Unit Direct | Common Stock67.50K shares | 12/21/2020 | M · Option Exercise | +67.50K | — | 405K |