SHAW DANIEL J 4
4 · UFP TECHNOLOGIES INC · Filed Feb 22, 2018
Insider Transaction Report
Form 4
SHAW DANIEL J
Vice President
Transactions
- Award
Common Stock, $.01 Par Value
2018-02-21+966→ 16,692 total - Award
Common Stock, $.01 Par Value
2018-02-21+1,280→ 17,972 total
Footnotes (2)
- [F1]Represents stock unit awards granted on February 21, 2017, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2019 and with respect to an additional one-third on each of March 1, 2020 and 2021, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.
- [F2]Represents stock unit awards granted on February 21, 2018, under the issuer's 2003 Incentive Plan the vesting under which is soley time-based, that are to be settled solely in shares of common stock. The units vest with respect to one-third of the shares on March 1, 2020 and with respect to an additional one-third on each of March 1, 2021 and 2022, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.