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SEC Form 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box if no longer subject to Section 16. Form 4 or Form 5
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Restricted performance units are a form of equity compensation granted to employees that vest based on the achievement of specific performance objectives.
Employers who grant restricted performance units to their employees are required to file the corresponding reports.
To fill out the report for restricted performance units, employers must provide information on the number of units granted, the performance criteria, and the vesting schedule.
The purpose of restricted performance units is to align the interests of employees with those of shareholders by linking compensation to the company's performance.
The report must include details such as the grant date, number of units, performance metrics, vesting conditions, and any related tax implications.
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