ROBERT F. MEHMEL - 28 Jul 2021 Form 4 Insider Report for GRIFFON CORP (GFF)

Role
President and COO, Director
Signature
/s/ Seth L. Kaplan, pursuant to power-of-attorney
Issuer symbol
GFF
Transactions as of
28 Jul 2021
Transactions value $
$0
Form type
4
Filing time
29 Jul 2021, 17:01:15 UTC
Next filing
22 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GFF Common Stock Award $0 +96K +16.15% $0.00 691K 28 Jul 2021 Direct F1
transaction GFF Common Stock Award $0 +96K +13.9% $0.00 787K 28 Jul 2021 Direct F2
holding GFF Common Stock 1.98K 28 Jul 2021 by ESOP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on December 20, 2021.
F2 Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on January 27, 2025.
F3 Reflects ESOP allocations as a result of dividends paid on shares previously allocated to the reporting person under the ESOP.