Marc G. Michael - Dec 20, 2021 Form 4 Insider Report for SPX FLOW, Inc. (FLOW)

Role
President and CEO, Director
Signature
Peter Ryan, Attorney In Fact for Marc G. Michael
Stock symbol
FLOW
Transactions as of
Dec 20, 2021
Transactions value $
$292,205
Form type
4
Date filed
12/22/2021, 03:53 PM
Next filing
Apr 5, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FLOW Common Stock Options Exercise $1.43M +16.8K +19.33% $85.49 104K Dec 20, 2021 Direct
transaction FLOW Common Stock Tax liability -$641K -7.5K -7.24% $85.49 96.1K Dec 20, 2021 Direct F1
transaction FLOW Common Stock Options Exercise $1.28M +15K +15.62% $85.49 111K Dec 20, 2021 Direct
transaction FLOW Common Stock Tax liability -$574K -6.71K -6.04% $85.49 104K Dec 20, 2021 Direct F1
transaction FLOW Common Stock Options Exercise $520K +6.08K +5.82% $85.49 110K Dec 20, 2021 Direct
transaction FLOW Common Stock Tax liability -$232K -2.72K -2.46% $85.49 108K Dec 20, 2021 Direct F1
transaction FLOW Common Stock Options Exercise $0 +39.2K +36.37% $0.00 147K Dec 20, 2021 Direct
transaction FLOW Common Stock Tax liability -$1.5M -17.5K -11.92% $85.49 129K Dec 20, 2021 Direct F1
holding FLOW Common Stock 89.1K Dec 20, 2021 By Trust
holding FLOW Common Stock 2.12K Dec 20, 2021 401(k) Plan

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 FLOW Restricted Stock Unit Options Exercise $0 -16.8K -100% $0.00* 0 Dec 20, 2021 Common Stock 16.8K $0.00 Direct F2
transaction FLOW Restricted Stock Unit Options Exercise $0 -15K -50% $0.00 15K Dec 20, 2021 Common Stock 15K $0.00 Direct F3
transaction FLOW Restricted Stock Unit Options Exercise $0 -6.08K -33.33% $0.00 12.2K Dec 20, 2021 Common Stock 6.08K $0.00 Direct F4
transaction FLOW Restricted Stock Unit Award $0 +39.2K $0.00 39.2K Dec 20, 2021 Common Stock 39.2K $0.00 Direct F5
transaction FLOW Restricted Stock Unit Options Exercise $0 -39.2K -100% $0.00* 0 Dec 20, 2021 Common Stock 39.2K $0.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX FLOW Stock Compensation Plan.
F2 The vesting of this award was accelerated by the compensation committee of the issuer's board of directors on December 20, 2021, in connection with the merger agreement entered into by the issuer on December 12, 2021.
F3 The restricted stock units vest in three equal annual installments beginning on February 27, 2021. The tranche vesting in Q1 of 2022 of this award was accelerated by the compensation committee of the issuer's board of directors on December 20, 2021, in connection with the merger agreement entered into by the issuer on December 12, 2021.
F4 The restricted stock units vest in three equal annual installments beginning on February 24, 2022. The tranche vesting in Q1 of 2022 of this award was accelerated by the compensation committee of the issuer's board of directors on December 20, 2021, in connection with the merger agreement entered into by the issuer on December 12, 2021.
F5 2019 performance-based restricted stock units granted pursuant to the SPX FLOW Stock Compensation Plan. The vesting of this award, at 150% of target, was accelerated by the compensation committee of the issuer's board of directors on December 20, 2021, in connection with the merger agreement entered into by the issuer on December 12, 2021.