Fehrman William 4
4 · Centuri Holdings, Inc. · Filed Apr 22, 2024
Insider Transaction Report
Form 4
Fehrman William
DirectorChief Executive Officer
Transactions
- Purchase
Common Stock
2024-04-22$21.00/sh+25,000$525,000→ 25,000 total - Award
Restricted Stock Units
2024-04-22+190,476→ 190,476 total→ Common Stock (190,476 underlying)
Footnotes (3)
- [F1]Represents shares acquired pursuant to a reserved share program in connection with the Issuer's initial public offering.
- [F2]Represents the grant of restricted stock units ("RSUs") in connection with the Issuer's initial public offering pursuant to the terms of that certain Award Agreement for Time-Lapse RSUs (the "Agreement"), dated as of April 22, 2024, by and between the Issuer and the Reporting Person. Each RSU is the economic equivalent of one share of the Issuer's common stock and may be settled by delivery of an equal number of shares of the Issuer's common stock or, in certain cases as set forth in the Agreement, may be settled in cash.
- [F3]40% of the RSUs will vest on January 12, 2025, and 30% of the RSUs will vest on each of January 12, 2026 and January 12, 2027.