Ryan McMonagle - 02 Aug 2022 Form 4 Insider Report for Custom Truck One Source, Inc. (CTOS)

Signature
By: /s/ Adam Haubenreich, Attorney-in-fact
Issuer symbol
CTOS
Transactions as of
02 Aug 2022
Transactions value $
$0
Form type
4
Filing time
04 Aug 2022, 17:11:39 UTC
Previous filing
05 Apr 2022
Next filing
09 Mar 2023

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 CTOS Restricted Stock Unit Award $0 +325,000 $0 325,000 02 Aug 2022 Common Stock 325,000 Direct F1, F2
transaction CTOS Performance Stock Unit Award $0 +162,500 $0 162,500 02 Aug 2022 Common Stock 162,500 Direct 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 the Issuer's common stock.
F2 The restricted stock units vest in four equal annual installments beginning on April 1, 2024.
F3 Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. The performance stock units will vest if the volume weighted average price per share of the Issuer's common stock achieves certain thresholds over the applicable performance period.