Foster Craig James 4
4 · CSW INDUSTRIALS, INC. · Filed Apr 6, 2020
Insider Transaction Report
Form 4
Foster Craig James
SVP & GM, Spec. Chem.
Transactions
- Tax Payment
Common Stock
2020-04-06$59.34/sh−1,569$93,104→ 12,218 total - Exercise/Conversion
Common Stock
2020-04-06+3,974→ 13,787 total - Award
Performance Rights
2020-04-03+2,516→ 10,541 total→ Common Stock (2,516 underlying) - Exercise/Conversion
Performance Rights
2020-04-06−1,970→ 8,571 total→ Common Stock (1,970 underlying)
Footnotes (2)
- [F1]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 beginning on April 1, 2020 and ending on March 31, 2023 based on the issuer's relative 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.
- [F2]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 200% during a three-year performance cycle ending on March 31, 2020 based on the issuer's relative total shareholder return performance among the Russell 2000 Index over the performance cycle. The performance rights, along with accrued dividend equivalent units, vested at 200% of the target award amount and were settled in shares of common stock pursuant to the award agreement terms.