Ian Malcolm Reason - 16 Dec 2024 Form 4 Insider Report for BARNES GROUP INC

Reporting relationship: SVP, BGI; Pres., Barnes Aero
Issuer ticker: N/A
Reported as of: 16 Dec 2024
Net transaction value: -$558,536
SEC form: 4
Accepted by SEC: 18 Dec 2024, 17:00:02 UTC
Prior SEC filing: 05 Nov 2024
Next SEC filing: 19 Dec 2024
Source filing: View source filing
Reporting owner signature: Ian Malcolm Reason by Daniela Rivera under Power of Attorney

Key filing fact

Ian Malcolm Reason filed Form 4 for BARNES GROUP INC on 18 Dec 2024.

Key facts

This page summarizes Ian Malcolm Reason's Form 4 filing for BARNES GROUP INC.
6 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 18 Dec 2024, 17:00.

Change

Previous filing in this sequence was filed on 05 Nov 2024.
Current net transaction value: -$558,536.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

B transaction

Common Stock

Award

Transaction value: $0
Shares: +6,042
Change %: +47%
Price: $0.000000
Shares after: 18,939
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F1, F2

B transaction

Common Stock

Tax liability

Transaction value: $112,075
Shares: -2,379
Change %: -13%
Price: $47.11
Shares after: 16,560
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F2, F3

B transaction

Common Stock

Award

Transaction value: $0
Shares: +7,000
Change %: +42%
Price: $0.000000
Shares after: 23,560
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F1, F2

B transaction

Common Stock

Tax liability

Transaction value: $129,882
Shares: -2,757
Change %: -12%
Price: $47.11
Shares after: 20,803
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F2, F3

B transaction

Common Stock

Award

Transaction value: $0
Shares: +17,072
Change %: +82%
Price: $0.000000
Shares after: 37,875
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F1, F2

B transaction

Common Stock

Tax liability

Transaction value: $316,579
Shares: -6,720
Change %: -18%
Price: $47.11
Shares after: 31,155
Date: 16 Dec 2024
Ownership: Direct
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Reflects the accelerated vesting of Performance Share Awards that were scheduled to vest on February 10, 2025, February 9, 2026, and February 8, 2027, respectively, and that otherwise would have vested upon the closing of the transactions contemplated by the Agreement and Plan of Merger, dated October 6, 2024, by and among Barnes Group Inc., Goat Holdco, LLC and Goat Merger Sub, Inc. (the Merger Agreement), for the purpose of mitigating potential adverse tax consequences under Sections 280G and 4999 of the Internal Revenue Code of 1986, as amended, in connection with the consummation of the transactions contemplated by the Merger Agreement.

Footnote F2

Includes balances of 1,208 Restricted Stock Units ("RSUs") granted 5/2/2022, 2,799 RSUs granted 2/9/2023, and 6,200 RSUs granted 2/8/2024, that are subject to forfeiture if certain events occur, and are payable in shares of common stock on or as soon as practicable following the applicable vesting date.

Footnote F3

Reflects shares withheld to satisfy income tax and remittance obligations of the reporting person in connection with the acceleration described above.