Hostetler Kevin G. 4
4 · Array Technologies, Inc. · Filed Mar 14, 2025
Insider Transaction Report
Form 4
Hostetler Kevin G.
DirectorChief Executive Officer
Transactions
- Tax Payment
Common Stock, par value $0.001 per share
2025-03-12$6.03/sh−23,164$139,679→ 145,166 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-03-12+56,148→ 168,330 total - Exercise/Conversion
Restricted Stock Units
2025-03-12−56,148→ 541,227 total→ Common Stock, par value $0.001 per share (56,148 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) 35,795 unvested restricted stock units granted on April 25, 2022, (ii) 70,299 unvested restricted stock units granted on April 5, 2023, (iii) 112,299 unvested restricted stock units granted on March 12, 2024, in each case previously reported on Table I of Form 4, and 322,834 unvested restricted stock units granted on September 24, 2024 previously not reported on Form 4 until vesting.