Ronald J. Knutson - Feb 21, 2023 Form 4 Insider Report for Distribution Solutions Group, Inc. (DSGR)

Signature
/s/ Richard D. Pufpaf, Attorney-in-Fact
Stock symbol
DSGR
Transactions as of
Feb 21, 2023
Transactions value $
$55,561
Form type
4
Date filed
2/23/2023, 03:56 PM
Previous filing
Jan 31, 2023
Next filing
Sep 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DSGR Common Stock Award $96.3K +2.12K +5.76% $45.43 38.9K Feb 21, 2023 Direct F1
transaction DSGR Common Stock Disposed to Issuer -$40.7K -896 -2.3% $45.43 38K Feb 21, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares earned in respect of a ROIC-based performance award originally granted on February 25, 2020. On February 21, 2023, the Compensation Committee (the "Committee") confirmed the achievement of the applicable performance metric, which was based on a Return on Invested Capital ("ROIC") goal for the performance cycle commencing on January 1, 2020, and continuing through December 31, 2022. Following the conclusion of the three-year performance cycle, the Committee confirmed the performance of the Company relative to these goals at 60.0%.
F2 Reflects shares delivered to the company to cover taxes upon vesting of the market stock units and restricted stock units.