Smith W David 4
4 · UFP TECHNOLOGIES INC · Filed Feb 19, 2020
Insider Transaction Report
Form 4
Smith W David
Vice President
Transactions
- Award
Common Stock, $.01 Par Value
2020-02-18+2,068→ 17,719 total
Footnotes (1)
- [F1]Represents restricted stock units granted on February 19, 2019, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined that the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2021 and with respect to an additional one-third on each of March 1, 2022 and 2023, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.