Patel Nipul M. 4
4 · Array Technologies, Inc. · Filed Oct 19, 2020
Insider Transaction Report
Form 4
Patel Nipul M.
Chief Financial Officer
Transactions
- Purchase
Common Stock, par value $0.001 per share
2020-10-19$22.00/sh+37,068$815,496→ 37,068 total - Award
Restricted Stock Units
2020-10-19+12,356→ 12,356 total→ Common Stock, par value $0.001 per share (12,356 underlying)
Footnotes (2)
- [F1]Represents common stock acquired in connection with Mr. Patel's reinvestment of his after-tax value distributions received in respect of his vested Class B Common Units in ATI Investment Parent, LLC in connection with the initial public offering of Array Technologies, Inc.'s common stock, which closed on October 19, 2020. These shares of common stock were purchased at the public offering price of $22.00 per share.
- [F2]Represents restricted stock units which will vest in three equal annual installments beginning on the first anniversary of October 19, 2020.