David Buntin - 01 Jun 2022 Form 4 Insider Report for Thermon Group Holdings, Inc. (THR)

Signature
/s/ Ryan Tarkington, Attorney-in-Fact
Issuer symbol
THR
Transactions as of
01 Jun 2022
Transactions value $
-$18,588
Form type
4
Filing time
03 Jun 2022, 14:56:57
Previous filing
18 May 2022
Next filing
19 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THR Common Stock Award $0 +5.68K +15.93% $0.00 41.3K 01 Jun 2022 Direct F1
transaction THR Common Stock Tax liability -$18.6K -1.21K -2.92% $15.40 40.1K 01 Jun 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, 2022, the reporting person was granted an award of restricted stock units. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. The award vests in equal installments on the first, second and third anniversaries of the grant date. Restricted stock units convert into shares of the Issuer's common stock on a one-for-one basis.
F2 These shares were surrendered for tax payment upon vesting of restricted stock units on June 1, 2022.
F3 Sales price is the fair market value on Wednesday, June 1, 2022.
F4 Includes 21,511 restricted stock units held by the reporting person.