4//SEC Filing
Starkloff Eric Howard 4
Accession 0001567619-23-001638
CIK 0000935494other
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 3:14 PM ET
Size
12.1 KB
Accession
0001567619-23-001638
Insider Transaction Report
Form 4
Starkloff Eric Howard
Senior Vice President
Transactions
- Award
Common Stock
2023-01-30+22,669→ 371,697 total - Disposition to Issuer
Performance-Based Restricted Stock Units
2023-01-30−25,471→ 0 totalExp: 2038-05-01→ Common Stock (25,471 underlying) - Disposition to Issuer
Performance-Based Restricted Stock Units
2023-01-30−75,000→ 0 totalExp: 2038-05-01→ Common Stock (75,000 underlying) - Award
Common Stock
2023-01-30+66,750→ 349,028 total
Footnotes (3)
- [F1]Represents the number of shares of Common Stock vested pursuant to the performance-based restricted stock unit ("PRSU") award that was granted on February 1, 2020 and reported voluntarily on the Form 4 filed with the Securities and Exchange Commission on February 4, 2020, based upon the determination that 89% of the PRSU vested given that the issuer's total shareholder return ranked at the 48.54 percentile as compared to the Russell 2000 Index over the performance period. 8,250 PRSUs not eligible for vesting at the end of the performance period were canceled.
- [F2]Represents the number of shares of Common Stock vested pursuant to the performance-based restricted stock unit ("PRSU") award that was granted on April 29, 2020 and reported voluntarily on the Form 4 filed with the Securities and Exchange Commission on May 1, 2020, based upon the determination that 89% of the PRSU vested given that the issuer's total shareholder return ranked at the 48.54 percentile as compared to the Russell 2000 Index over the performance period. 2,802 PRSUs not eligible for vesting at the end of the performance period were canceled.
- [F3]The number of PRSUs reported in Table II represents the target number of PRSUs that were granted to the reporting person pursuant to the Issuer's 2015 Equity Incentive Plan. Per the terms of the award agreement governing the PRSUs, the number of underlying shares of the Issuer's common stock that the reporting person is ultimately entitled to receive at the time of vesting ranges from 0% to 200% of the target number of PRSUs granted, subject to how the Issuer's total shareholder return ranks in comparison to companies that comprise the Russell 2000 Index over a performance period consisting of the three years ended December 31, 2022.
Documents
Issuer
NATIONAL INSTRUMENTS CORP
CIK 0000935494
Entity typeother
Related Parties
1- filerCIK 0001574827
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 3:14 PM ET
- Size
- 12.1 KB