Knoll Jay B 4
4 · BARNES GROUP INC · Filed Dec 18, 2024
Insider Transaction Report
Form 4
Knoll Jay B
SVP, Gen. Counsel & Secretary
Transactions
- Award
Common Stock
2024-12-16+8,855→ 34,946 total - Award
Common Stock
2024-12-16+19,227→ 50,598 total - Tax Payment
Common Stock
2024-12-16$47.11/sh−3,575$168,418→ 31,371 total - Tax Payment
Common Stock
2024-12-16$47.11/sh−7,760$365,574→ 42,838 total
Footnotes (3)
- [F1]Reflects the accelerated vesting of Performance Share Awards that were scheduled to vest on February 9, 2026, and February 8, 2027, respectively, and that otherwise would have vested upon the closing of the transactions contemplated by the Agreement and Plan of Merger, dated October 6, 2024, by and among Barnes Group Inc., Goat Holdco, LLC and Goat Merger Sub, Inc. (the Merger Agreement), for the purpose of mitigating potential adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the consummation of the transactions contemplated by the Merger Agreement.
- [F2]Includes balances of 7,699 Restricted Stock Units ("RSUs") granted 2/9/2023, 3,541 RSUs granted 2/9/2023, and 7,000 RSUs granted 2/8/2024, that are subject to forfeiture if certain events occur, and are payable in shares of common stock on or as soon as practicable following the applicable vesting date.
- [F3]Reflects shares withheld to satisfy income tax and remittance obligations of the reporting person in connection with the acceleration described above.