Mosaic : Statement of Changes in Beneficial Ownership (Form 4)
May 26, 2022 at 11:25 am IST
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Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**)
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)
The reporting person, pursuant to the terms of the Restricted Stock Unit Agreement under which the award of restricted stock units was made, elected to receive 40% of the restricted stock units in the form of cash with the balance paid in the form of shares of common stock at the time the award was paid.
(2)
One-for-One
(3)
The restricted stock units vested on the date of the issuer's 2020 Annual Meeting of Stockholders. Shares of the issuer's common stock and the cash to be paid pursuant to the election made by the reporting person as described in Footnote 1 were delivered to the reporting person on May 23, 2022.
(4)
Not applicable
(5)
The restricted stock units vested on the date of the issuer's 2021 Annual Meeting of Stockholders. Vested shares will be delivered to the reporting person on May 21, 2023.
(6)
The restricted stock units vested on the date of the issuer's 2022 Annual Meeting of Stockholders. Vested shares will be delivered to the reporting person on May 20, 2024.
(7)
The restricted stock units will vest and be paid to the reporting person on the later of (i) the date of the issuer's 2023 Annual Meeting of Stockholders; or (ii) the date that is at 50 weeks after the issuer's immediately preceding year's annual meeting.
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The Mosaic Company published this content on 25 May 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 May 2022 05:51:47 UTC.
The Mosaic Company is a producer and marketer of concentrated phosphate and potash crop nutrients. The Company is a provider of phosphate and potash fertilizers and feed ingredients for the global agriculture industry. The Company operates through three segments: Phosphates, Potash and Mosaic Fertilizantes. Phosphates segment sells phosphate-based crop nutrients and animal feed ingredients throughout North America and internationally. Potash Segment sells potash throughout North America and internationally, principally as fertilizer, but also for use in industrial applications and, to a lesser degree, as animal feed ingredients. Mosaic Fertilizantes Segment produces and sells phosphate-and potash-based crop nutrients, and animal feed ingredients, in Brazil. In addition to five phosphate rock mines, four chemical plants and a potash mine in Brazil, the segment consists of sales offices, crop nutrient blending and bagging facilities, port terminals and warehouses in Brazil and Paraguay.