Ricchiuto John 4
4 · SP Plus Corp · Filed Jul 7, 2020
Insider Transaction Report
Form 4
Ricchiuto John
Executive Vice President
Transactions
- Tax Payment
Common Stock
2020-07-06$19.18/sh−5,817$111,592→ 37,670 total
Footnotes (3)
- [F1]On July 1, 2020, the reporting person had 14,000 restricted stock units (RSUs) that vested and were settled in shares of SP Plus common stock. Each RSU constitutes the right to receive a distribution of one share of SP Plus common stock. Upon the vesting of these RSUs, the reporting person automatically sold, solely for purposes of satisfying the resulting tax-withholding obligation, a number of shares of SP Plus common stock sufficient to enable the reporting person to satisfy such tax-withholding obligation.
- [F2]Includes 7,978 restricted stock units previously granted to the reporting person.
- [F3]The reporting person holds the shares in a joint account with his spouse.