Form 4: Amphenol Corp Executive Granted Stock Options
SEC Form 4 Filing
William J. Doherty, President of CS Division at Amphenol Corp, was granted stock options for 73,529 shares on May 17, 2024.
Summary
- William J. Doherty, President of CS Division at Amphenol Corp, was granted stock options on May 17, 2024.
- The stock options are for 73,529 shares of Class A Common Stock.
- The exercise price of the stock options is $131.91.
- The options vest 20% per year over a five-year period, starting on the first anniversary of the grant date.
- The expiration date for the options is May 17, 2034.
Sentiment
Score: 7
Explanation: The document reflects a standard executive compensation practice, which is generally viewed neutrally to positively as it aligns management interests with shareholders.
Positives
- The grant of stock options aligns the executive's interests with those of the shareholders, incentivizing performance and value creation.
Future Outlook
The document does not contain specific forward-looking statements beyond the vesting schedule of the stock options.
Industry Context
Stock option grants are a common practice in the technology and manufacturing industries to incentivize executives and align their interests with shareholders. Companies like TE Connectivity and Molex also use similar compensation strategies.
Comparison to Industry Standards
- Stock option grants are a standard component of executive compensation packages in the electronics manufacturing industry.
- Companies like TE Connectivity and Molex use similar equity-based compensation to incentivize their executives.
- The vesting schedule of 20% per year over five years is a typical vesting structure.
Stakeholder Impact
- Shareholders may view the stock option grant positively as it incentivizes the executive to improve company performance.
- The executive benefits from the potential future value of the stock options.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the stock option grant. |
| 05/17/2025 | First vesting date (20% of options). |
| 05/17/2034 | Expiration date of the stock options. |
| 05/21/2024 | Date of signature on the Form 4 filing. |
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