Fredrick M. Ross Jr. - 01 Apr 2023 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
01 Apr 2023
Transactions value $
-$263,262
Form type
4
Filing time
04 Apr 2023, 20:20:55 UTC
Previous filing
09 Mar 2023
Next filing
03 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CTOS Common Stock Options Exercise $0 +87.5K +102.55% $0.00 173K 01 Apr 2023 Direct F1
transaction CTOS Common Stock Tax liability -$263K -38.8K -22.43% $6.79 134K 01 Apr 2023 Direct F2
holding CTOS Common Stock 2M 01 Apr 2023 By Frederick M. Ross, Jr. Holding Company, LLC

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 Options Exercise $0 -87.5K -33.33% $0.00 175K 01 Apr 2023 Common Stock 87.5K 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 the Issuer's common stock.
F2 Shares withheld to satisfy tax obligations arising out of vesting of the Reporting Person's performance stock units.
F3 The restricted stock units vest in four equal annual installments beginning on April 1, 2022.