4//SEC Filing
Thames Bruce 4
Accession 0001489096-23-000057
CIK 0001489096other
Filed
May 18, 8:00 PM ET
Accepted
May 19, 8:38 PM ET
Size
10.5 KB
Accession
0001489096-23-000057
Insider Transaction Report
Form 4
Thames Bruce
DirectorPresident & CEO
Transactions
- Tax Payment
Common Stock
2023-05-17$21.44/sh−11,283$241,908→ 232,370 total - Award
Common Stock
2023-05-17+34,386→ 243,653 total - Award
Common Stock
2023-05-17+19,328→ 251,698 total - Tax Payment
Common Stock
2023-05-17$21.44/sh−4,706$100,897→ 246,992 total
Footnotes (5)
- [F1]On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 21,242 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 162%, or 34,386 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
- [F2]These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units.
- [F3]Sales price is the fair market value on Wednesday, May 17, 2023.
- [F4]On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 18,284 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 106%, or 19,328 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
- [F5]Includes 57,237 restricted stock units held by the reporting person.
Documents
Issuer
Thermon Group Holdings, Inc.
CIK 0001489096
Entity typeother
Related Parties
1- filerCIK 0001640655
Filing Metadata
- Form type
- 4
- Filed
- May 18, 8:00 PM ET
- Accepted
- May 19, 8:38 PM ET
- Size
- 10.5 KB