Duva Jason A 4
4 · Latham Group, Inc. · Filed Dec 17, 2021
Insider Transaction Report
Form 4
Duva Jason A
Gen. Counsel & Chief Admin Off
Transactions
- Award
Stock option (right to buy)
2021-04-22+72,738→ 72,738 totalExercise: $19.00Exp: 2031-04-22→ Common Stock (72,738 underlying) - Exercise/Conversion
Common Stock, par value $0.0001 per share
2021-12-16+51,316→ 56,316 total - Tax Payment
Common Stock, par value $0.0001 per share
2021-12-16$24.48/sh−25,968$635,567→ 30,348 total - Exercise/Conversion
Restricted Stock Units
2021-12-16−51,316→ 0 total→ Common Stock (51,316 underlying)
Footnotes (5)
- [F1]Represents the settlement upon vesting of restricted stock units.
- [F2]The reporting person is reporting the withholding by the Issuer of an aggregate of 26,187 shares of common stock (from the shares of common stock issued upon settlement upon vesting of restricted stock units) to satisfy payment of the reporting person's tax withholding obligations.
- [F3]Restricted stock units convert into common stock on a one-for-one basis.
- [F4]The reporting person was granted these restricted stock units on April 27, 2021, with the restricted stock units vesting on the nine-month anniversary of April 27, 2021. The vesting of the restricted stock units was accelerated to December 15, 2021.
- [F5]The stock options were issued on 4/22/2021 and will vest in four equal installments (rounded to the nearest whole number) on each anniversary of April 22, 2021.