Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | CPK | Common Stock | Tax liability | -$1.08M | -8.3K | -16.52% | $129.99* | 41.9K | Feb 23, 2022 | Direct | F1, F2 |
holding | CPK | Common Stock | 354 | Feb 25, 2022 | 401k Plan |
Id | Content |
---|---|
F1 | As reported on February 25, 2022, 21,929 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, 8,299 shares of Chesapeake stock were utilized to satisfy the tax liability associated with incentive award with the remaining 13,630 shares of Chesapeake common stock issued to the reporting person (8,299 shares to cover the tax liability + 13,630 issued to the reporting individual = 21,929 total shares comprising the incentive award). |
F2 | Includes 15,847 deferred stock units that will be settled on a one-for-one basis in common stock. |