Collins Terrance L 4
4 · Array Technologies, Inc. · Filed Mar 14, 2025
Insider Transaction Report
Form 4
Collins Terrance L
Chief Human Resources Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2025-03-12+8,627→ 30,143 total - Tax Payment
Common Stock, par value $0.001 per share
2025-03-12$6.03/sh−2,317$13,972→ 27,826 total - Exercise/Conversion
Restricted Stock Units
2025-03-12−8,627→ 84,247 total→ Common Stock, par value $0.001 per share (8,627 underlying)
Footnotes (4)
- [F1]Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Long-Term Incentive Plan.
- [F2]Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The number of shares withheld is based on the closing price of the Issuer's common stock on March 12, 2025.
- [F3]The restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date.
- [F4]Includes (i) 5,082 unvested restricted stock units granted on August 1, 2022, (ii) 12,303 unvested restricted stock units granted on March 17, 2023, (iii) 17,256 unvested restricted stock units granted on March 12, 2024, in each case previously reported on Table I of Form 4, and 49,606 unvested restricted stock units granted on September 24, 2024 previously not reported on Form 4 until vesting.