PMFG, Inc. 4
4 · PMFG, Inc. · Filed Jul 14, 2014
Insider Transaction Report
Form 4
PMFG, Inc.PMFG
BURLAGE PETER J
Chief Executive Officer
Transactions
- Award
Common Stock
2014-07-09$5.43/sh+39,134$212,498→ 204,641 total - Award
Restricted Stock Unites
2014-07-09+39,134→ 67,773 totalFrom: 2017-07-09→ Common Stock (39,134 underlying)
Footnotes (4)
- [F1]As a result of a clerical error, the Report Person's Section 16 reports understated the total amount of securities beneficially owned by 1,500 shares. The amount in column 5 includes those 1,500 shares previously omitted.
- [F2]Each restricted stock unit represents the contingent right to receive shares of common stock upon vesting of the unit.
- [F3]The number of shares of common stock to be received is dependent upon the achievement of certain financial goals based on a one-year performance period. The officer must remain employed for an additional two years after the one-year performance period to vest in any shares of common stock.
- [F4]Per the terms of the employee's Restricted Stock Unit Award Agreement, all restricted stock units that are unvested shall be forfeited if employee ceases to be employed by the company prior to the Restricted Stock unit becoming vested, except as otherwise agreed to by the Board of Directors.