Patrick Dempsey - 31 Oct 2022 Form 4 Insider Report for BARNES GROUP INC

Role
Executive Vice Chairman, Director
Signature
Patrick Dempsey by Patricia A. Bradley under Power of Attorney
Issuer symbol
N/A
Transactions as of
31 Oct 2022
Net transactions value
-$269,802
Form type
4
Filing time
02 Nov 2022, 16:46:56 UTC
Previous filing
16 Aug 2022
Next filing
05 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction B Common Stock Disposed to Issuer $0 -19,804 -4.7% $0.000000 403,746 31 Oct 2022 Direct F1, F2
transaction B Common Stock Tax liability $269,802 -7,628 -1.9% $35.37 396,118 31 Oct 2022 Direct F3
holding B Common Stock 4,409 31 Oct 2022 By Company's 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reporting Person Patrick Dempsey retired on 10/31/2022. In accordance with forfeiture provisions of underlying grant agreements, a total of 19,804 unvested Restricted Stock Units ("RSUs") were forfeited on 10/31/2022 as follows: 915 RSUs under 2/13/2020 grant, 4,585 RSUs under 2/11/2021 grant, and 14,304 RSUs under 2/10/2022 grant.
F2 Includes balances of 3,167 RSUs granted 2/13/2020, 6,657 RSUs granted 2/11/2021, and 6,896 RSUs granted 2/10/2022, that are vesting in accordance with retirement provisions of underlying grant agreements, and are payable in shares of common stock. See Footnote 3 below.
F3 Includes the following RSUs that vested on 10/31/2022 in accordance with retirement provisions of underlying grant agreements: 3,167 RSUs under grant dated 2/13/2020, 6,657 RSUs under grant dated 2/11/2021, and 6,896 RSUs under grant dated 2/10/2022; 7,628 shares were withheld to cover taxes.

Remarks:

Also in accordance with forfeiture provisions of underlying grant agreements, a total of 134,392 stock options-right to buy were forfeited on 10/31/2022.