King David Alan 4
4 · ARTS WAY MANUFACTURING CO INC · Filed Jan 30, 2023
Insider Transaction Report
Form 4
King David Alan
Executive Vice President
Transactions
- Award
Common Stock
2023-01-26+25,000→ 131,211 total - Tax Payment
Common Stock
2023-01-27$2.52/sh−3,222$8,119→ 127,989 total
Footnotes (3)
- [F1]Represents 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/26/2024 and as to 8,333 shares on each of 1/26/2025 and 1/26/2026.
- [F2]Represents shares forfeited to pay withholding taxes in connection with the vesting and delivery of restricted stock.
- [F3]Includes (i) 59,657 shares of fully vested stock; (ii) 20,000 shares of restricted stock for which risks of forfeiture lapse on 3/30/23; (iii) 6,666 shares of restricted stock for which risks of forfeiture lapse on 1/19/24; (iv) 16,666 shares of restricted stock for which risks of forfeiture lapse as to 8,333 shares on each of 1/27/24 and 1/27/25; and (v) 25,000 shares of restricted stock for which risks of forfeiture lapse as to 8,334 shares on 1/26/2024 and as to 8,333 shares on each of 1/26/2025 and 1/26/2026.