4//SEC Filing
Baumann G Marc 4
Accession 0001171843-23-007593
CIK 0001059262other
Filed
Dec 17, 7:00 PM ET
Accepted
Dec 18, 8:02 PM ET
Size
8.3 KB
Accession
0001171843-23-007593
Insider Transaction Report
Form 4
Baumann G Marc
Executive VP, CFO & Treasurer
Transactions
- Award
Common Stock
2023-10-25+31,420→ 241,604 total - Tax Payment
Common Stock
2023-12-07$51.33/sh−34,798$1,786,181→ 206,806 total
Footnotes (6)
- [F1]Represents performance share units (PSUs) deemed earned upon the approval of certain performance criteria by the Issuer's board of directors on October 25, 2023 in connection with PSUs granted to the reporting person on March 4, 2021 under the SP Plus Long-Term Incentive Plan. These PSUs vested on December 1, 2023 and settled in shares of SP Plus common stock on a one-for-one basis.
- [F2]Includes 120,805 restricted stock units.
- [F3]The reporting person holds the shares in an account with his spouse as joint tenants with rights of survivorship.
- [F4]The reporting person had 47,130 restricted stock units (RSUs) that vested on December 1, 2023 and settled in shares of SP Plus common stock on a one-for-one basis. The vesting of these RSUs was accelerated from December 31, 2023 in connection with the Agreement and Plan of Merger, dated as of October 4, 2023, entered into by and among the Issuer, Metropolis Technologies, Inc. ("Parent"), and Schwinger Merger Sub Inc., a direct, wholly owned subsidiary of Parent ("Merger Sub"), pursuant to which, among other things, Merger Sub will merge with and into the Issuer, with the Issuer surviving as a wholly owned subsidiary of Parent.
- [F5]Represents shares withheld as payment of a tax withholding liability incident to the vesting and settlement of the PSUs and RSUs described herein in accordance with Rule 16b-3.
- [F6]Includes 73,675 restricted stock units.
Documents
Issuer
SP Plus Corp
CIK 0001059262
Entity typeother
Related Parties
1- filerCIK 0001291191
Filing Metadata
- Form type
- 4
- Filed
- Dec 17, 7:00 PM ET
- Accepted
- Dec 18, 8:02 PM ET
- Size
- 8.3 KB