Baldwin Shawn K. 4
4 · Select Interior Concepts, Inc. · Filed Mar 4, 2020
Insider Transaction Report
Form 4
Baldwin Shawn K.
See Remarks
Transactions
- Award
Class A Common Stock
2020-03-03+8,943→ 76,417 total - Award
Class A Common Stock
2020-03-04+5,512→ 78,763 total - Disposition to Issuer
Restricted Stock Units
2020-03-04−5,512→ 11,193 totalExercise: $0.00→ Class A common Stock (5,512 underlying) - Tax Payment
Class A Common Stock
2020-03-04$7.47/sh−1,724$12,878→ 77,039 total - Tax Payment
Class A Common Stock
2020-03-03$7.38/sh−3,166$23,365→ 73,251 total
Footnotes (5)
- [F1]The 8,943 shares of Class A Common Stock were awarded in lieu of an annual cash bonus based upon Mr. Baldwin's continued employment with the Company.
- [F2]The 3,166 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 8,943 shares awarded in lieu of an annual cash bonus based upon Mr. Baldwin's continued employment with the Company.
- [F3]The 5,512 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. Baldwin's continued employment with the Company.
- [F4]The 1,724 shares of Class A Common Stock were withheld by the Company to cover taxes associated with the vesting of 5,512 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.