UNDERWOOD JEFF 4
4 · CSW INDUSTRIALS, INC. · Filed Apr 4, 2024
Insider Transaction Report
Form 4
UNDERWOOD JEFF
SVP, GM Contractor Solutions
Transactions
- Tax Payment
Common Stock
2024-04-03$231.92/sh−1,265$293,379→ 4,321 total - Exercise/Conversion
Performance Rights
2024-04-03−1,553→ 0 total→ Common Stock (1,553 underlying) - Exercise/Conversion
Common Stock
2024-04-03+3,166→ 5,586 total
Holdings
- 843
Performance Rights
→ Common Stock (843 underlying) - 840(indirect: by ESOP)
Common Stock
- 1,097
Performance Rights
→ Common Stock (1,097 underlying)
Footnotes (3)
- [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 200% during a three-year performance cycle ending on March 31, 2024 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, along with 30 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.
- [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 beginning on April 1, 2022 and ending on March 31, 2025 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.
- [F3]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, 2023 and ending on March 31, 2026 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.