David Buntin - 16 May 2022 Form 4 Insider Report for Thermon Group Holdings, Inc. (THR)

Signature
/s/ Ryan Tarkington, Attorney-in-Fact
Issuer symbol
THR
Transactions as of
16 May 2022
Transactions value $
-$12,035
Form type
4
Filing time
18 May 2022, 16:00:52
Previous filing
02 Jul 2021
Next filing
03 Jun 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THR Common Stock Award $0 +3.08K +9.23% $0.00 36.5K 16 May 2022 Direct F1
transaction THR Common Stock Tax liability -$12K -805 -2.21% $14.95 35.7K 16 May 2022 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 1, 2019, the reporting person was granted a performance unit award vesting on March 31, 2022, subject to the Issuer's compensation committee certifying certain relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 2,465 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2022, the reporting person actually earned 125%, or 3,081 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 16, 2022.
F2 These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units.
F3 Sales price is the fair market value on Monday, May 16, 2022.
F4 Includes 20,840 restricted stock units held by the reporting person.