Ricchiuto John 4
4 · SP Plus Corp · Filed Feb 11, 2020
Insider Transaction Report
Form 4
Ricchiuto John
Executive Vice President
Transactions
- Award
Common Stock
2020-02-07$43.70/sh+2,595$113,402→ 44,573 total - Tax Payment
Common Stock
2020-02-11$44.01/sh−1,086$47,797→ 43,487 total
Footnotes (4)
- [F1]The acquisition of shares of SP Plus Corporation common stock represents the vesting of performance share units (PSUs) granted to the reporting person on January 1, 2017 under the SP Plus Long-Term Incentive Plan. The PSUs were earned on February 7, 2020, and settled in shares of SP Plus common stock on a one-for-one basis. The PSUs vested solely upon achievement of a pre-established performance goal for SP Plus's adjusted pre-tax free cash flow over a three-year performance period.
- [F2]Shares were withheld as payment of a tax liability incident to vesting of PSUs issued in accordance with Rule 16b-3.
- [F3]Includes 21,978 restricted stock units previously granted to the reporting person.
- [F4]The reporting person holds the shares in a joint account with his spouse.