Jolene Sarkis - 03 Jan 2023 Form 4 Insider Report for RESOURCES CONNECTION, INC. (RGP)

Role
Director
Signature
By: /s/ Lauren Elkerson For: Jolene Sarkis
Issuer symbol
RGP
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 17:31:53 UTC
Previous filing
05 Jan 2022
Next filing
17 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 RGP Phantom Stock Award $0 +5,393 +15% $0.000000 42,533 03 Jan 2023 Common Stock 5,393 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award vests 25% after one year and 25% each year thereafter for the next three years. Represents credit of deferred compensation to reporting person's deferred stock account under the Directors Deferred Compensation Plan. Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock to the extent then-vested become payable in cash to the reporting person upon separation from service as a director in accordance with the reporting person's election under the Directors Deferred Compensation Plan.
F2 Includes 3,856 phantom shares credited as dividend equivalent phantom shares in accordance with the terms of the Directors Deferred Compensation Plan.