Powers Thomas E 4
4 · CPI AEROSTRUCTURES INC · Filed Apr 23, 2021
Insider Transaction Report
Form 4
Powers Thomas E
Acting Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2021-04-21$4.24/sh−239$1,013→ 36,579 total - Disposition to Issuer
Common Stock
2021-04-21−1,082→ 16,918 total - Award
Common Stock
2021-04-21+19,900→ 36,818 total
Footnotes (2)
- [F1]Represents the forfeiture of performance-based restricted stock originally granted to the reporting person on August 25, 2020, which was eligible to vest based on certain financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On April 21, 2021, the Company determined that, based on the Company's performance over the applicable performance period, an aggregate of 1,082 shares would be forfeited
- [F2]Represents shares withheld to satisfy tax obligations.