PETERSON JAY 4
4 · Thermon Group Holdings, Inc. · Filed May 22, 2019
Insider Transaction Report
Form 4
PETERSON JAY
Chief Financial Officer
Transactions
- Tax Payment
Common Stock
2019-05-16$24.51/sh−921$22,574→ 44,245 total - Exercise/Conversion
Performance Units
2019-05-16−6,469→ 0 totalExercise: $0.00→ Common Stock (3,573 underlying) - Tax Payment
Common Stock
2019-05-16$24.51/sh−866$21,226→ 41,381 total - Exercise/Conversion
Common Stock
2019-05-16+3,785→ 45,166 total - Exercise/Conversion
Performance Units
2019-05-16−3,028→ 0 totalExercise: $0.00→ Common Stock (3,785 underlying) - Exercise/Conversion
Common Stock
2019-05-16+3,537→ 42,247 total
Footnotes (3)
- [F1]On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's compensation committee certifying certain adjusted EBITDA performance during the applicable performance period as further specified in the equity award agreement. Of the 6,469 target shares eligible to be earned based upon the Issuer's certain adjusted EBITDA performance for the performance period ended March 31, 2019, the reporting person actually earned 54.68%, or 3,537 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 16, 2019.
- [F2]Represents shares withheld to cover taxes incurred in connection with the vesting of performance share units.
- [F3]On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's compensation committee certifying relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 3,028 target shares eligible to be earned based upon the Issuer's relative total shareholder return performance for the performance period ended March 31, 2019, the reporting person actually earned 125.0%, or 3,785 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 16, 2019.