Davis Andrew L 4
4 · CPI AEROSTRUCTURES INC · Filed Jun 20, 2024
Insider Transaction Report
Form 4
Davis Andrew L
Chief Financial Officer
Transactions
- Award
Common Stock
2024-06-16$2.73/sh+43,956$120,000→ 149,413 total - Disposition to Issuer
Common Stock
2024-06-16−13,797→ 135,616 total - Tax Payment
Common Stock
2024-06-16−6,189→ 129,427 total
Footnotes (3)
- [F1]Represents 43,956 shares of the Issuer's restricted Common Stock issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2016 Long-Term Incentive Plan. The shares vest in four annual installments.
- [F2]Represents shares of the Issuer's Common Stock forfeited to the Issuer as of the transaction date, made pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated May 12, 2021, October 13, 2022 and June 28, 2023, respectively.
- [F3]Represents shares returned to the Issuer to pay withholding tax pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated May 12, 2021 and October 13, 2022, respectively.