DIETZ DAVID F 4
4 · CIRCOR INTERNATIONAL INC · Filed Mar 2, 2020
Insider Transaction Report
Form 4
DIETZ DAVID F
Director
Transactions
- Exercise/Conversion
Restricted Stock Unit (MSP)
2020-02-27−3,304→ 0 totalExercise: $0.00From: 2020-02-27Exp: 2027-02-27→ Common Stock (3,304 underlying) - Exercise/Conversion
Common Stock
2020-02-27+3,304→ 90,368 total
Footnotes (1)
- [F1]The Restricted Stock Units (RSUs), the conversion of which are reported herein, were issued to the Reporting Person pursuant to issuers Management Stock Purchase Plan (MSPP) on 2/27/2017 utilizing a fair market value (FMV) of a share of the issuers stock of $60.99. RSUs are issued in whole units on the basis of a 33 percent discount from FMV of the issuers common stock on the date the underlying bonus is determined ($40.86 in this case) and generally vest 3 years from date of grant, at which time they convert into shares of common stock unless the executive has previously elected a longer deferral period. Acquisition price reflects the 33% discount to FMV of issuers stock on grant date. This report reflects the acquisition by the Reporting Person of the common stock underlying the RSUs.