Moiz Nadeem 4
4 · Select Interior Concepts, Inc. · Filed Mar 4, 2020
Insider Transaction Report
Form 4
Moiz Nadeem
Chief Financial Officer
Transactions
- Award
Class A Common Stock
2020-03-03+10,434→ 89,220 total - Award
Class A Common Stock
2020-03-04+8,111→ 93,707 total - Tax Payment
Class A Common Stock
2020-03-04$7.47/sh−2,380$17,779→ 91,327 total - Disposition to Issuer
Restricted Stock Units
2020-03-04−8,111→ 16,469 totalExercise: $0.00→ Class A common Stock (8,111 underlying) - Tax Payment
Class A Common Stock
2020-03-03$7.38/sh−3,624$26,745→ 85,596 total
Footnotes (5)
- [F1]The 10,434 shares of Class A Common Stock were awarded in lieu of an annual cash bonus based upon Mr. Moiz's continued employment with the Company.
- [F2]The 3,618 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 10,434 shares awarded in lieu of an annual cash bonus based upon Mr. Moiz's continued employment with the Company.
- [F3]The 8,111 shares of Class A Common Stock were previously held as Restricted Stock Units ("RSUs") as previously awarded under the 2017 Incentive Compensation Plan on March 4, 2019, and converted from RSUs to Class A Common Stock as part of the annual vesting based on Mr. Moiz's continued employment with the Company.
- [F4]The 2,380 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 8,111 shares previously awarded under the 2017 Incentive Compensation Plan on March 4, 2019.
- [F5]These RSUs were granted by the Issuer to the Reporting Person under the Issuer's 2017 Incentive Compensation Plan on March 4, 2019, and are subject to vesting over three years in nearly equal annual installments beginning on the first anniversary of the grant date, provided that the Reporting Person remains in the service of the Issuer through the applicable vesting date. Each RSU represents a contingent right to receive one share of the Issuer's Class A Common Stock.