Farrell David M 4/A
4/A · GTY Technology Holdings Inc. · Filed Mar 16, 2022
Insider Transaction Report
Form 4/AAmended
Farrell David M
CEO of Sherpa
Transactions
- Tax Payment
Common Stock
2022-03-04$3.78/sh−25,899$97,955→ 409,074 total - Exercise/Conversion
Common Stock
2022-03-04+82,250→ 434,973 total - Exercise/Conversion
Performance Restricted Stock Units
2022-03-04−82,250→ 47,422 total→ Common Stock (82,250 underlying)
Footnotes (3)
- [F1]82,250 performance-based restricted stock units vested on February 19, 2022, composed of 75,000 performance-based restricted stock units granted on October 31, 2019 and an additional 7,500 performance-based restricted stock units granted on February 19, 2022 for exceeding performance goals. Common stock resulting from the vesting of all of these performance-based restricted stock units was issued on March 4, 2022. Restricted stock units convert into common stock on a one-for-one basis.
- [F2]25,899 shares of common stock were withheld for the payment of taxes applicable to the settlement of the restricted stock units.
- [F3]This transaction was executed in multiple trades at prices ranging from $3.71 to $3.93. The price reported above reflects a weighted average sale price. The reporting person undertakes to provide upon request to the staff of the Securities and Exchange Commission, the issuer or a security holder of issuer full information regarding the number of shares and prices at which the transaction was effected.