J. TIMOTHY BRYAN - 17 Jul 2023 Form 4 Insider Report for TESSCO TECHNOLOGIES INC

Role
Director
Signature
J. Timothy Bryan by Aric Spitulnik by Power of Attorney
Issuer symbol
N/A
Transactions as of
17 Jul 2023
Net transactions value
$0
Form type
4
Filing time
19 Jul 2023, 18:00:06 UTC
Previous filing
08 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 17 Jul 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 17 Jul 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 17 Jul 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 17 Jul 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 17 Jul 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -37,860 -100% 0 17 Jul 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

J. TIMOTHY BRYAN is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement between issuer and Alliance USAcqCo 2, Inc. dated April 11, 2023, in exchange for the right to receive $9.00 in cash, without interest.
F2 Reflects Common Stock covered by Restricted Share Units, sometimes referred to as RSUs, representing the conditional right to receive one share of Common Stock. Reporting Person previously elected to report the shares of Common Stock as an award in Table I instead of reporting the award of the RSUs in Table II.