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Fiat: Sale of stock grant shares

Fiat’s Chief Executive Officer, Mr. Sergio Marchionne, sold a portion of the 4,666,666 Fiat ordinary shares he was awarded pursuant to the Stock Grant Plan resolved by the Shareholders Meeting on April 4, 2012 in order to pay part of the tax liabilities associated with the allotment of the shares. The stock transfers were completed … Continued

Fiat’s Chief Executive Officer, Mr. Sergio Marchionne, sold a portion of the 4,666,666 Fiat ordinary shares he was awarded pursuant to the Stock Grant Plan resolved by the Shareholders Meeting on April 4, 2012 in order to pay part of the tax liabilities associated with the allotment of the shares.

The stock transfers were completed on the regulated market administered by Borsa Italiana with respect to 1,320,000 Fiat ordinary shares, for an average per unit price of € 7.55241.

https://www.automotiveworld.com/news-releases/fiat-sale-stock-grant-shares/

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