Thermon Group Holdings, Inc. 4
4 · Thermon Group Holdings, Inc. · Filed May 23, 2017
Insider Transaction Report
Form 4
Reitler Eric
SVP Global Sales and Marketing
Transactions
- Tax Payment
Common Stock
2016-07-30$20.18/sh−364$7,346→ 3,615 total - Tax Payment
Common Stock
2016-09-03$19.11/sh−327$6,249→ 5,004 total - Exercise/Conversion
Common Stock
2016-07-30+1,377→ 3,979 total - Exercise/Conversion
Common Stock
2016-07-31+456→ 4,071 total - Tax Payment
Common Stock
2016-07-31$20.18/sh−120$2,422→ 3,951 total - Exercise/Conversion
Common Stock
2016-08-01+249→ 4,200 total - Tax Payment
Common Stock
2016-08-01$20.14/sh−65$1,309→ 4,135 total - Exercise/Conversion
Common Stock
2016-09-03+1,196→ 5,331 total - Exercise/Conversion
Common Stock
2017-05-20+2,156→ 7,160 total - Tax Payment
Common Stock
2017-05-20$20.44/sh−627$12,816→ 6,533 total - Exercise/Conversion
Restricted Stock Units
2016-07-30−1,377→ 2,755 totalExercise: $0.00From: 2016-07-30Exp: 2018-07-30→ Common Stock (1,377 underlying) - Exercise/Conversion
Restricted Stock Units
2016-07-31−456→ 456 totalExercise: $0.00From: 2015-07-31Exp: 2017-07-31→ Common Stock (456 underlying) - Exercise/Conversion
Restricted Stock Units
2016-08-01−249→ 0 totalExercise: $0.00From: 2014-08-01Exp: 2016-08-01→ Common Stock (249 underlying) - Exercise/Conversion
Restricted Stock Units
2016-09-03−1,196→ 0 totalExercise: $0.00From: 2014-09-03Exp: 2016-09-03→ Common Stock (1,196 underlying) - Disposition to Issuer
Performance Units
2017-05-18−2,609→ 0 totalExercise: $0.00From: 2017-03-31Exp: 2017-03-31→ Common Stock (2,609 underlying) - Exercise/Conversion
Restricted Stock Units
2017-05-20−2,516→ 4,313 totalExercise: $0.00From: 2017-05-20Exp: 2019-05-20→ Common Stock (2,516 underlying)
Holdings
- 3,028
Performance Units
Exercise: $0.00From: 2019-03-31Exp: 2019-03-31→ Common Stock (3,028 underlying) - 6,469
Performance Units
Exercise: $0.00From: 2019-03-31Exp: 2019-03-31→ Common Stock (6,469 underlying) - 558
Stock Option (Right to Buy)
Exercise: $21.52From: 2013-08-02Exp: 2022-08-02→ Common Stock (558 underlying) - 8,340
Performance Units
Exercise: $0.00From: 2018-03-31Exp: 2018-03-31→ Common Stock (8,340 underlying) - 500
Stock Option (Right to Buy)
Exercise: $12.00From: 2012-05-04Exp: 2021-05-04→ Common Stock (500 underlying)
Footnotes (13)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
- [F10]On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's adjusted EBITDA performance goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.
- [F11]On May 20, 2016, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares remaining in this filing represent unvested restricted stock units.
- [F12]On May 4, 2011, the reporting person was granted a stock option award vesting in equal annual installments on the first, second, third, fourth and fifth anniversaries of the award. The number of options reflected in this filing represents unexercised options.
- [F13]On August 2, 2012, the reporting person was granted a stock option award vesting in equal annual installments on the first, second, third, fourth and fifth anniversaries of the award. The number of options reflected in this filing represents unexercised options.
- [F2]Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
- [F3]On July 30, 2015, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- [F4]On July 31, 2014, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- [F5]On August 1, 2013, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- [F6]On September 3, 2013, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- [F7]On July 31, 2014, the reporting person was granted a performance unit award vesting on March 31, 2017, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares. On May 18, 2017, the Issuer's Compensation Committee reviewed the Company's relative total shareholder return performance during the applicable performance period and determined that zero shares were earned in settlement of the award for the period beginning July 31, 2014 and ending March 31, 2017.
- [F8]On July 30, 2015, the reporting person was granted a performance unit award vesting on March 31, 2018, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.
- [F9]On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.