Karl Watson - 22 Feb 2022 Form 4 Insider Report for Forterra, Inc. (FRTA)

Role
Chief Executive Officer, Director
Signature
/s/ Lori M. Browne, attorney-in-fact for Karl Watson
Issuer symbol
FRTA
Transactions as of
22 Feb 2022
Transactions value $
-$649,363
Form type
4
Filing time
15 Mar 2022, 18:47:44 UTC
Previous filing
14 Jan 2022
Next filing
18 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRTA Common Stock Options Exercise $0 +42,195 +3.8% $0 1,151,593 22 Feb 2022 Direct
transaction FRTA Common Stock Tax liability -$266,682 -11,281 -0.98% $23.64 1,140,312 22 Feb 2022 Direct F1
transaction FRTA Common Stock Options Exercise $0 +41,241 +3.6% $0 1,181,553 13 Mar 2022 Direct
transaction FRTA Common Stock Tax liability -$382,679 -16,229 -1.4% $23.58 1,165,324 13 Mar 2022 Direct F2

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 FRTA Restricted Stock Unit Options Exercise $0 -42,195 -33% $0 84,392 22 Feb 2022 Common Stock 42,195 Direct F3, F4
transaction FRTA Restricted Stock Unit Options Exercise $0 -41,241 -50% $0 41,241 13 Mar 2022 Common Stock 41,241 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the February 22, 2022 closing price.
F2 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the March 11, 2022 closing price.
F3 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F4 Represents vesting of one-third of restricted stock units granted February 22, 2021.
F5 Represents vesting of one-third of restricted stock units granted March 13, 2020.