4//SEC Filing
Thames Bruce 4
Accession 0001489096-24-000091
CIK 0001489096other
Filed
May 15, 8:00 PM ET
Accepted
May 16, 3:38 PM ET
Size
9.3 KB
Accession
0001489096-24-000091
Insider Transaction Report
Form 4
Thames Bruce
DirectorPresident & CEO
Transactions
- Award
Common Stock
2024-05-14+34,650→ 292,835 total - Tax Payment
Common Stock
2024-05-14$34.15/sh−23,418$799,725→ 294,282 total - Award
Common Stock
2024-05-14+24,865→ 317,700 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 25,604 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 34,650 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 15,457 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 24,865 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 48,249 restricted stock units held by the reporting person.
Documents
Issuer
Thermon Group Holdings, Inc.
CIK 0001489096
Entity typeother
Related Parties
1- filerCIK 0001640655
Filing Metadata
- Form type
- 4
- Filed
- May 15, 8:00 PM ET
- Accepted
- May 16, 3:38 PM ET
- Size
- 9.3 KB