Ryan Tarkington 4
4 · Thermon Group Holdings, Inc. · Filed May 16, 2024
Insider Transaction Report
Form 4
Ryan Tarkington
SVP, General Counsel
Transactions
- Award
Common Stock
2024-05-14+3,331→ 33,171 total - Award
Common Stock
2024-05-14+2,390→ 35,561 total - Tax Payment
Common Stock
2024-05-14$34.15/sh−2,322$79,296→ 33,239 total
Footnotes (5)
- [F1]On June 1, 2021, the reporting person was granted a performance unit award vesting on March 31, 2024, subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 2,462 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2024, the reporting person actually earned approximately 135%, or 3,331 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 14, 2024.
- [F2]On June 1, 2021, the reporting person was granted a performance unit award vesting on March 31, 2024, subject to the Issuer's compensation committee certifying the Issuer's relative total shareholder return during the applicable performance period as further specified in the equity award agreement. Of the 1,486 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2024, the reporting person actually earned approximately 161%, or 2,390 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 14, 2024.
- [F3]These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units following certification by the Issuer's compensation committee of the achievement of the performance goal specified in the applicable equity award agreement on May 14, 2024.
- [F4]Sales price is the fair market value on Tuesday, May 14, 2024.
- [F5]Includes 17,204 restricted stock units held by the reporting person.