Paul W. Cobb Jr. - 10 Feb 2022 Form 4 Insider Report for PAE Inc (PAE)

Role
EVP, GC & Sec
Signature
By: /s/ Paul W. Cobb, Jr.
Issuer symbol
PAE
Transactions as of
10 Feb 2022
Net transactions value
-$152,608
Form type
4
Filing time
14 Feb 2022, 15:55:33 UTC
Next filing
16 Feb 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 +4,475 +3.9% 117,919 10 Feb 2022 Direct F1
transaction PAE Class A Common Stock Tax liability $15,913 -1,585 -1.3% $10.04 116,334 10 Feb 2022 Direct
transaction PAE Class A Common Stock Options Exercise +43,775 +38% 160,109 10 Feb 2022 Direct F1
transaction PAE Class A Common Stock Tax liability $136,695 -13,615 -8.5% $10.04 146,494 10 Feb 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 -43,775 -100% 0 10 Feb 2022 Class A Common Stock 43,775 Direct F2, F3
transaction PAE Restricted Stock Units Options Exercise -4,475 -33% 8,950 10 Feb 2022 Class A Common Stock 4,475 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.