David S. Lambert - Mar 8, 2024 Form 4 Insider Report for Distribution Solutions Group, Inc. (DSGR)

Role: VP, Controller and CAO
Signature: /s/ Richard D. Pufpaf, Attorney-in-Fact
Stock symbol: DSGR
Transactions as of: Mar 8, 2024
Transactions value $: $25,133
Form type: 4
Date filed: 3/12/2024, 04:42 PM
Previous filing: Mar 12, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	DSGR	Common Stock	Award	$39.9K	+1.3K	+99.92%	$30.65	2.6K	Mar 8, 2024	Direct	F1
transaction	DSGR	Common Stock	Tax liability	-$14.7K	-481	-18.48%	$30.65	2.12K	Mar 8, 2024	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 June 15, 2021. On March 8, 2024, 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, 2021, and continuing through December 31, 2023. Following the conclusion of the three-year performance cycle, the Committee confirmed the performance of the Company relative to these goals at 108.8%.
F2	Reflects shares delivered to the company to cover taxes upon vesting of the restricted stock units.

Content

Reflects the number of shares earned in respect of a ROIC-based performance award originally granted on June 15, 2021. On March 8, 2024, 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, 2021, and continuing through December 31, 2023. Following the conclusion of the three-year performance cycle, the Committee confirmed the performance of the Company relative to these goals at 108.8%.

Reflects shares delivered to the company to cover taxes upon vesting of the restricted stock units.