Buseman Michael D. 4
4 · BENCHMARK ELECTRONICS INC · Filed Feb 23, 2021
Insider Transaction Report
Form 4
Buseman Michael D.
Executive Vice President
Transactions
- Award
Common Stock
2021-02-19+14,179→ 53,154 total - Tax Payment
Common Stock
2021-02-22$28.48/sh−2,478$70,573→ 50,676 total - Award
Performance-based Restricted Stock Units
2021-02-19+14,179→ 14,179 totalExercise: $0.00→ Common Stock (14,179 underlying) - Award
Performance-based Restricted Stock Units
2021-02-19+6,889→ 6,889 totalExercise: $0.00→ Common Stock (6,889 underlying)
Footnotes (4)
- [F1]These shares are represented by a restricted stock unit award bearing the right to receive Common Shares and are scheduled to vest in ratable annual installments over a four-year period from the grant date.
- [F2]These shares are being withheld to cover taxes related to the vesting of restricted stock units.
- [F3]This reflects the target number of performance-based restricted stock units awarded. Actual awards may vary from as low as zero to as high as 2.5 times the target. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2021 and ending on December 31, 2022) and in no event later than March 15, 2023, the number of shares that may ultimately be earned will be determined and issued.
- [F4]This reflects the target number of performance-based restricted stock units awarded. Actual awards may vary from as low as zero to as high as 2.5 times the target. As soon as reasonably practicable following the end of the Performance Period (beginning on January 1, 2021 and ending on December 31, 2023) and in no event later than March 15, 2024, the number of shares that may ultimately be earned will be determined and issued.