Holt Jason 4
4 · UFP TECHNOLOGIES INC · Filed Feb 17, 2022
Insider Transaction Report
Form 4
Holt Jason
Vice President
Transactions
- Award
Common Stock, $.01 Par Value
2022-02-15+1,019→ 4,818 total - Award
Common Stock, $.01 Par Value
2022-02-15+1,007→ 5,825 total
Footnotes (2)
- [F1]Represents restricted stock units granted on February 22, 2021 and June 9, 2021, 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 the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2022 and with respect to an additional one-third on each of March 1, 2023 and 2024, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.
- [F2]Represents stock unit awards granted on February 15, 2022, under the issuer's 2003 Incentive Plan the vesting under which is soley time-based, that are to be settled soley in shares of common stock. The units vest with respect to one-third of the shares on March 1, 2023 and with respect to an additional one-third on each of March 1, 2024 and 2025, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date.