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4//SEC Filing

Spitulnik Aric 4

Accession 0001179110-21-008040

CIK 0000927355other

Filed

Aug 8, 8:00 PM ET

Accepted

Aug 9, 5:28 PM ET

Size

8.7 KB

Accession

0001179110-21-008040

Insider Transaction Report

Form 4
Period: 2021-08-08
Spitulnik Aric
Sec./Prin. Acct. Officer
Transactions
  • Exercise/Conversion

    Restricted Stock Unit (RSU)

    2021-08-084,4190 total
    Common Stock (4,419 underlying)
  • Exercise/Conversion

    Common Stock

    2021-08-08+4,41930,980 total
  • Tax Payment

    Common Stock

    2021-08-081,66129,319 total
Footnotes (3)
  • [F1]Reflects number of shares issued in respect of a Restricted Stock Unit (or RSU) award granted to the Reporting Person on August 8, 2017. Shares subject to the RSU were "earned" since the date of grant based on dividends declared and paid by the Issuer, and the shares earned then vested and were issued on or as of August 8, 2021 because the Reporting Person continued to be affiliated with the Issuer on that date.
  • [F2]All shares are owned directly, except for 2,894 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan, 4,673 shares owned indirectly through the TESSCO Team Member Stock Purchase Plan, and 782 shares which are the subject of PSUs awarded for performance year fiscal 2019 PSUs earned but not yet vested.
  • [F3]$5.57 closing market price on August 6, 2021.

Issuer

TESSCO TECHNOLOGIES INC

CIK 0000927355

Entity typeother

Related Parties

1
  • filerCIK 0001563410

Filing Metadata

Form type
4
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 5:28 PM ET
Size
8.7 KB