Branning Greggory W 4
4 · CSW INDUSTRIALS, INC. · Filed Apr 11, 2019
Insider Transaction Report
Form 4
Branning Greggory W
EVP, CFO
Transactions
- Exercise/Conversion
Performance Rights
2019-04-10−5,961→ 14,474 total→ Common Stock (5,961 underlying) - Exercise/Conversion
Common Stock
2019-04-10+5,663→ 22,842 total - Tax Payment
Common Stock
2019-04-10$57.68/sh−2,225$128,338→ 20,617 total
Footnotes (2)
- [F1]Each performance right represented a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vested at a rate between 0% and 100% during a three-year performance cycle ending on each of March 31, 2019 based on the issuer's relative total shareholder return in comparison to a pre-selected peer group. The performance rights vested at 95% of the target award amount and were settled in shares of common stock pursuant to the award agreement terms.
- [F2]Each performance right represents a contingent right to receive one share of the issuer's common stock at vesting. The performance rights vest at a rate between 0% and 200% during a three-year performance cycle ending on each of March 31, 2020, 2021, and 2022 based on the issuer's relative total shareholder return in comparison to the total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights may be settled, at the issuer's discretion, in cash or shares of common stock.