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

Role
Pres, Water Pipe & Products
Signature
/s/ Lori M. Browne, attorney-in-fact for Vikrant Bhatia
Stock symbol
FRTA
Transactions as of
Feb 22, 2022
Transactions value $
-$303,892
Form type
4
Date filed
3/15/2022, 06:48 PM
Previous filing
Jan 14, 2022
Next filing
Mar 18, 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 +8.8K +3.58% $0.00 255K Feb 22, 2022 Direct
transaction FRTA Common Stock Tax liability -$54.1K -2.29K -0.9% $23.64 253K Feb 22, 2022 Direct F1
transaction FRTA Common Stock Options Exercise $0 +8.69K +3.44% $0.00 261K Mar 13, 2022 Direct
transaction FRTA Common Stock Tax liability -$80.6K -3.42K -1.31% $23.58 258K Mar 13, 2022 Direct F2
transaction FRTA Common Stock Options Exercise $0 +18.3K +7.08% $0.00 276K Mar 14, 2022 Direct
transaction FRTA Common Stock Tax liability -$169K -7.18K -2.6% $23.55 269K Mar 14, 2022 Direct F3

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 -8.8K -33.33% $0.00 17.6K Feb 22, 2022 Common Stock 8.8K Direct F4, F5
transaction FRTA Restricted Stock Unit Options Exercise $0 -8.69K -50% $0.00 8.69K Mar 13, 2022 Common Stock 8.69K Direct F4, F6
transaction FRTA Restricted Stock Unit Options Exercise $0 -18.3K -100% $0.00* 0 Mar 14, 2022 Common Stock 18.3K Direct F4, F7
* 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 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the March 14, 2022 closing price.
F4 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F5 Represents vesting of one-third of restricted stock units granted February 22, 2021.
F6 Represents vesting of one-third of restricted stock units granted March 13, 2020.
F7 Represents vesting of one-third of restricted stock units granted March 14, 2019.