Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CPK | Common Stock | Tax liability | -$477K | -4.52K | -13.95% | $105.40* | 27.9K | Feb 24, 2021 | Direct | F1, F2 |
holding | CPK | Common Stock | 295 | Feb 24, 2021 | 401k Plan |
Id | Content |
---|---|
F1 | As reported on February 26, 2021, 13,476 shares of common stock were earned pursuant to a performance share agreement in place with the reporting individual. The reporting individual previously elected to receive a portion of the award in deferred stock units in lieu of shares. Accordingly, 1,358 deferred stock units were granted, 4,522 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 7,596 shares of Chesapeake common stock issued to the reporting person (1,358 deferred stock units + 4,522 shares to cover the tax liability + 7,596 issued to the reporting individual = 13,476 total shares comprising the incentive award). |
F2 | Includes 15,613 deferred stock units that will be settled on a one-for-one basis in common stock. |