Charles Richard Vermillion Jr. - 14 May 2024 Form 4 Insider Report for Drilling Tools International Corp (DTI)

Role
Director
Signature
/s/ C. Richard Vermillion
Issuer symbol
DTI
Transactions as of
14 May 2024
Transactions value $
$0
Form type
4
Filing time
16 May 2024, 16:05:16
Previous filing
22 Jun 2023
Next filing
27 Nov 2024
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction DTI Restricted Stock Units Award $0 +18.6K $0.00 18.6K 14 May 2024 Common Stock 18.6K Direct F1, F2
transaction DTI Restricted Stock Units Award $0 +13.7K $0.00 13.7K 14 May 2024 Common Stock 13.7K Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Drilling Tools International Corporation's common stock.
F2 The restricted stock units vest 100% on the grant date.
F3 The restricted stock units vest 100% upon the one-year anniversary of the grant date.