4//SEC Filing
Bernardo Oscar Leonard 4
Accession 0001567619-23-001201
CIK 0000807707other
Filed
Jan 23, 7:00 PM ET
Accepted
Jan 24, 3:59 PM ET
Size
6.6 KB
Accession
0001567619-23-001201
Insider Transaction Report
Form 4
Bernardo Oscar Leonard
COO Klipsch Group Inc.
Transactions
- Disposition to Issuer
SERP Restricted Stock Units
2023-01-20+8,634→ 0 total→ Class A Common (8,634 underlying)
Footnotes (4)
- [F1]This Form 4 reports the vesting and settlement of grants of restricted stock units ("RSUs") pursuant to the Issuer's 2014 Omnibus Equity Incentive Plan (the "Plan"). At the time of vesting and settlement, the Issuer, in its sole discretion, paid the RSUs in the form of cash.
- [F2]Each RSU represented a contingent right to receive, upon settlement, either (a) one share of Class A Common Stock or (b) a cash payment equal to the fair market value of one share of Class A Common Stock.
- [F3]Represents the aggregate number of RSUs which had vested and were settled in cash on January 20, 2023 based on the Fair Market Value defined as the mean between the highest and lowest quoted selling price of a share of the Issuer's Class A Common Stock on January 19, 2023.
- [F4]The vested balance in the reporting person's SERP account is payable in cash, Class A Common Stock, or a combination of both following a Participant's termination of service due to death, disability, retirement no less than 3 years from the initial date of participation in the Plan or a reason approved by the Board in accordance with Article 2.2 of the Plan.
Documents
Issuer
VOXX International Corp
CIK 0000807707
Entity typeother
Related Parties
1- filerCIK 0001684711
Filing Metadata
- Form type
- 4
- Filed
- Jan 23, 7:00 PM ET
- Accepted
- Jan 24, 3:59 PM ET
- Size
- 6.6 KB