Baldwin Shawn K. 4
4 · Select Interior Concepts, Inc. · Filed Jul 9, 2020
Insider Transaction Report
Form 4
Baldwin Shawn K.
See Remarks
Transactions
- Award
Restricted Sock Units
2020-07-08+87,500→ 87,500 totalExp: 2024-06-08→ Common Stock (87,500 underlying) - Award
Class A Common Stock
2020-07-08+87,500→ 173,289 total - Disposition to Issuer
Restricted Sock Units
2020-07-08+26,250→ 0 totalExp: 2023-02-15→ Common Stock (26,250 underlying)
Footnotes (3)
- [F1]Reflects restricted stock units (RSUs) convertible into shares of Class A Common Stock which vest in equal annual installments over four years beginning on June 8, 2020, subject to the reporting person's continued employment with the Issuer.
- [F2]Reflects performance-based RSUs that each represent a contingent right to receive one share of Class A Common Stock. The RSUs vest based on the closing price of the Issuer's common stock exceeding specific hurdles for 20 consecutive trading days, and subject to the reporting person's continued employment with the Issuer.
- [F3]The Reporting Person and the Issuer mutually agreed to cancel 26,250 RSUs which would vest based on stock price performance and 27,443 RSUs which would vest based on other performance criteria and were not previously reported on a Form 4. The Reporting Person received a new grant of 87,500 RSUs which vest based on stock price performance as consideration for the cancellations.