Heaton Tracey 4
4 · HEIDRICK & STRUGGLES INTERNATIONAL INC · Filed Dec 22, 2022
Insider Transaction Report
Form 4
Heaton Tracey
Chief Legal Officer & Corp Sec
Transactions
- Exercise/Conversion
2021 Restricted Stock Units
2022-12-21−964→ 1,930 total→ Common Stock (964 underlying) - Exercise/Conversion
Common Stock
2022-12-21$28.64/sh+964$27,609→ 964 total - Tax Payment
Common Stock
2022-12-21$28.64/sh−385$11,026→ 579 total
Footnotes (4)
- [F1]Reflects the vesting of the first of three installments of Restricted Stock Units ("RSUs") granted on December 21, 2021 ("2021 RSUs"). RSUs are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
- [F2]RSUs convert into common stock on a one-for-one basis at the time of vesting.
- [F3]Reflects an aggregate of 385 shares of common stock retained by Heidrick & Struggles International, Inc. (the "Issuer") to satisfy tax withholding obligations with respect to 2021 RSUs that vested on December 21, 2022.
- [F4]On December 21, 2021, the reporting person was granted 2,894 RSUs, which are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.