McCrosson Douglas 4
4 · CPI AEROSTRUCTURES INC · Filed Apr 23, 2021
Insider Transaction Report
Form 4
McCrosson Douglas
Chief Operating Officer
Transactions
- Award
Common Stock
2021-04-21+64,698→ 188,626 total - Tax Payment
Common Stock
2021-04-21$4.24/sh−4,177$17,710→ 184,449 total - Disposition to Issuer
Common Stock
2021-04-21−18,982→ 123,928 total
Footnotes (2)
- [F1]Represents the forfeiture of performance-based restricted stock originally granted to the reporting person on March 1, 2017, March 21, 2018, April 2, 2019, and August 25, 2020, which were eligible to vest based on certian financial performance objectives. Upon grant, the target vesting amount was reported in Table I of Form 4. On April 21, 2021, the Company determined that, based on the Company's performance over the applicable performance period, an aggregate of 18,982 shares would be forfeited.
- [F2]Represents shares withheld to satisfy tax obligations.