Pribble James 4
4 · Thermon Group Holdings, Inc. · Filed May 26, 2020
Insider Transaction Report
Form 4
Pribble James
SVP, Thermon Heating Systems
Transactions
- Award
Common Stock
2020-05-21+2,876→ 24,035 total - Tax Payment
Common Stock
2020-05-21$15.07/sh−852$12,840→ 23,183 total
Footnotes (4)
- [F1]On June 19, 2017, the reporting person was granted a performance unit award vesting on March 31, 2020, 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 3,101 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2020, the reporting person actually earned 92.8%, or 2,876 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 21, 2020.
- [F2]These shares were surrendered for tax payment in connection with the vesting of performance stock units on March 31, 2020.
- [F3]Sales price is the fair market value on Thursday, May 21, 2020.
- [F4]Includes 13,462 restricted stock units held by the reporting person.