Payne Sarah 4
4 · HEIDRICK & STRUGGLES INTERNATIONAL INC · Filed Apr 2, 2024
Insider Transaction Report
Form 4
Payne Sarah
Chief Human Resources Officer
Transactions
- Award
Common Stock
2024-03-30+7,269→ 39,098.261 total - Tax Payment
Common Stock
2024-03-30$32.63/sh−2,279$74,364→ 36,819.261 total
Footnotes (3)
- [F1]Reflects the vesting of 7,269 non-derivative Performance Stock Units ("PSUs") granted on March 30, 2021 ("2021 PSUs") for the three-year performance period ended December 31, 2023 and which are exempt from liability under Section 16(b) of the Securities Exchange Act pursuant to Rule 16b-3(d). PSUs are target-based equity grants that generally vest three years from the grant date if certain performance goals are achieved. The actual amounts to vest at the end of the performance period can range from 0% to 200% of target based on performance.
- [F2]PSUs convert into common stock on a one-for-one basis at the time of vesting.
- [F3]Reflects an aggregate of 2,279 shares of common stock retained by Issuer to satisfy tax withholding obligations with respect to 2021 PSUs that vested on March 30, 2024.