APH.NYSEAmphenol CORP /DE/

4/A: Amphenol Corp Executive Corrects Stock Option Award in Amended SEC Filing

Sentiment:

SEC Filing Amendment

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Craig A. Lampo, Senior VP & CFO of Amphenol Corp, files an amendment to a previous Form 4 to correct the number of stock options awarded.

Summary

  • Craig A. Lampo, the Senior VP & CFO of Amphenol Corporation, filed an amended Form 4 with the SEC.
  • The amendment corrects an error in the original Form 4 filed on May 23, 2023, which incorrectly reported a stock option award of 139,576 shares.
  • The corrected filing states the stock option award is for 136,626 shares.
  • The stock options were granted on May 19, 2023, with an exercise price of $75.80.
  • The options vest in five substantially equal annual installments beginning on May 19, 2024, and expire on May 19, 2033.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing, indicating standard corporate governance procedures. The sentiment is neutral to slightly positive as it reflects transparency.

Industry Context

Executive compensation through stock options is a common practice in publicly traded companies like Amphenol to align management's interests with those of shareholders.

Stakeholder Impact

  • The correction ensures accurate reporting of executive compensation, which is important for shareholder transparency.

Key Dates

DateDescription
05/19/2023Date of the stock option grant and earliest transaction.
05/23/2023Date of the original Form 4 filing that contained an error.
05/19/2024First vesting date of the stock options.
05/19/2033Expiration date of the stock options.
03/25/2024Date of the amended Form 4/A filing.

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