4//SEC Filing
BARNHILL ROBERT B JR 4
Accession 0001179110-20-006333
CIK 0000927355other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 5:59 PM ET
Size
7.5 KB
Accession
0001179110-20-006333
Insider Transaction Report
Form 4
BARNHILL ROBERT B JR
DirectorCEO, President10% Owner
Transactions
- Exercise/Conversion
Common Stock
2020-05-15+4,500→ 1,627,020 total - Award
Common Stock
2020-05-15+9,403→ 1,636,423 total
Footnotes (4)
- [F1]Includes 3,000 shares covered by Restricted Stock Units (or RSUs) awarded May 15, 2020 (for fiscal year 2021) which vest in four equal installments annually, beginning May 15, 2021. Also includes 750 shares covered by RSUs awarded for fiscal year 2018, all of which are fully vested, and an additional 750 shares covered by RSUs awarded for fiscal year 2018 which vest on or about May 1, 2021; in each case provided that the reporting person remains associated with the Issuer on the applicable issue date. The Reporting Person has now elected to report all shares underlying RSUs (including those awarded for fiscal year 2018, 2019, 2020 and 2021) in Table I instead of Table II.
- [F2]RSUs are subject to time vesting; 25% of the shares are issued annually beginning on the first anniversary of the award date and in three successive annual installments of 25% each, thereafter, provided the recipient remains associated with Issuer on the applicable vesting date or at an earlier date under certain circumstances.
- [F3]All shares are owned directly or in a revocable trust of the reporting person, except for the following shares, which are owned indirectly: 325,500 that are owned by the Reporting Person's spouse and children and 21,500 shares held by a charitable trust.
- [F4]Reflects restricted stock in lieu of director fees. Risk of forfeiture lapses in full on July 1, 2021 provided the Reporting Person remains associated on that date (or if not associated for select reasons).
Documents
Issuer
TESSCO TECHNOLOGIES INC
CIK 0000927355
Entity typeother
Related Parties
1- filerCIK 0000941885
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 5:59 PM ET
- Size
- 7.5 KB