Home/Filings/4/0001489096-15-000047
4//SEC Filing

Thermon Group Holdings, Inc. 4

Accession 0001489096-15-000047

$THRCIK 0001489096operating

Filed

Jun 4, 8:00 PM ET

Accepted

Jun 5, 4:47 PM ET

Size

25.9 KB

Accession

0001489096-15-000047

Insider Transaction Report

Form 4
Period: 2014-07-31
BINGHAM RODNEY L
DirectorPresident & CEO
Transactions
  • Award

    Restricted Stock Units

    2014-07-31+5,0135,013 total
    Exercise: $0.00Common Stock (5,013 underlying)
  • Exercise/Conversion

    Common Stock

    2014-08-01+21,68732,359 total
  • Tax Payment

    Common Stock

    2014-08-01$23.85/sh5,918$141,14426,441 total
  • Exercise/Conversion

    Restricted Stock Units

    2014-08-014,5629,126 total
    Exercise: $0.00Common Stock (4,562 underlying)
  • Award

    Performance Units

    2014-07-31+9,5679,567 total
    Exercise: $0.00Common Stock (9,567 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2014-08-024,6474,647 total
    Exercise: $0.00Common Stock (4,647 underlying)
  • Exercise/Conversion

    Performance Units

    2015-05-204,6470 total
    Exercise: $0.00Common Stock (4,647 underlying)
  • Exercise/Conversion

    Performance Units

    2014-08-014,5634,563 total
    Exercise: $0.00Common Stock (5,325 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2015-03-312,5062,507 total
    Exercise: $0.00Common Stock (2,506 underlying)
Holdings
  • Stock Options (Right to Buy)

    Exercise: $12.00From: 2014-05-04Exp: 2021-05-04Common Stock (6,000 underlying)
    6,000
  • Common Stock

    (indirect: By Partnership)
    91,917
Footnotes (9)
  • [F1]On July 31, 2014, the reporting person was granted a restricted stock unit award that vests in equal installments on March 31, 2015 and 2016.
  • [F2]On July 31, 2014, the reporting person was granted 9,567 performance units which will vest in equal installments on March 31, 2015 and 2016. The underlying shares will only be earned if and to the extent that the Issuer achieves certain predetermined total shareholder return goals for the performance period beginning July 31, 2014 through March 31, 2017. No shares will be earned or issued in settlement of the award until the full performance period has elapsed. The actual number of shares that may vest depends on the Issuer's total shareholder return performance relative to a performance index and ranges from 0% below Target performance, 100% at Target performance and 200% at Maximum performance. The number of shares reflected on this filing represents the Target Award.
  • [F3]On August 1, 2013, the reporting person was granted a restricted stock unit award that vests in equal annual installments on August 1, 2015 and 2016.
  • [F4]On August 2, 2012, the reporting person was granted a restricted stock unit award that vested on August 2, 2015.
  • [F5]On August 2, 2012, the reporting person was granted performance units. Of the 4,647 Target shares eligible to be earned based on the Issuer's total shareholder return for the performance period ended March 31, 2015, the reporting person actually earned 100.0%, or 4,647 shares. The Compensation Committee certified the achievement of the performance goal on May 20, 2015.
  • [F6]On August 1, 2013, the reporting person was granted performance units. Of the 4,563 Target shares eligible to be earned based on the Issuer's total shareholder return for the performance period ended March 31, 2015, the reporting person actually earned 116.7%, or 5,325 shares. The Compensation Committee certified the achievement of the performance goal on May 20, 2015.
  • [F7]Shares acquired on the vesting of 4,647, 4,562 and 2,506 restricted stock units on 8/2/2014, 8/1/2014 and 3/31/2015, respectively and on the vesting of 9,972 performance units on 3/31/2015.
  • [F8]1,247, 1,270, 1,270, 1,456 and 675 shares withheld for payment of tax liability on 8/1/2014, 8/2/2014, 5/20/2015, 5/20/2015 and 3/31/2015, respectively. The price represents the weighted average market closing price of the shares on the date of vest.
  • [F9]Options vest in equal annual installments on May 4, 2014, 2015 and 2016.

Issuer

Thermon Group Holdings, Inc.

CIK 0001489096

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001489096

Filing Metadata

Form type
4
Filed
Jun 4, 8:00 PM ET
Accepted
Jun 5, 4:47 PM ET
Size
25.9 KB