Patricia M.C. Munchel - Feb 10, 2022 Form 4 Insider Report for PAE Inc (PAE)

Role
EVP & CHRO
Signature
By: /s/ Paul W. Cobb, Jr., as attorney-in-fact for Patricia M.C. Munchel
Stock symbol
PAE
Transactions as of
Feb 10, 2022
Transactions value $
-$126,815
Form type
4
Date filed
2/14/2022, 03:47 PM
Next filing
Feb 16, 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAE Class A Common Stock Options Exercise +36K +121.93% 65.6K Feb 10, 2022 Direct F1
transaction PAE Class A Common Stock Tax liability -$114K -11.4K -17.31% $10.04 54.2K Feb 10, 2022 Direct
transaction PAE Class A Common Stock Options Exercise +3.61K +6.66% 57.8K Feb 10, 2022 Direct F1
transaction PAE Class A Common Stock Tax liability -$12.8K -1.28K -2.21% $10.04 56.6K Feb 10, 2022 Direct

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 PAE Restricted Stock Units Options Exercise -36K -100% 0 Feb 10, 2022 Class A Common Stock 36K Direct F2, F3
transaction PAE Restricted Stock Units Options Exercise -3.61K -33.34% 7.22K Feb 10, 2022 Class A Common Stock 3.61K Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Class A Common Stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of PAE Incorporated's Class A Common Stock.
F3 Restricted Stock Units vested on February 10, 2022
F4 The restricted stock units vest in four equal annual installments beginning February 10, 2021.