La Doris Harris - Oct 8, 2021 Form 3 Insider Report for Orbital Energy Group, Inc. (OIGBQ)

Role
CDO and CEO OSS
Signature
/s/ La Doris Harris
Stock symbol
OIGBQ
Transactions as of
Oct 8, 2021
Transactions value $
$0
Form type
3
Date filed
10/21/2021, 12:44 PM
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
holding OIGBQ Restricted stock units Oct 8, 2021 Common Stock 92.5K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Company will deliver to the grantee the number of shares of common stock equal to the number of vested restricted stock units.
F2 RSU's issued at the average daily price of the Company's common stock for the 5-days immediately preceding issuance of the RSU's or $3.07. Original grant was for 128,700 RSUs and 36,211 RSUs were withheld to cover the associated employee taxes for a net issuance of 92,489.
F3 RSUs are fully vested so there is not an expiration date on the instruments.