David P. Tusa - Jul 19, 2021 Form 4 Insider Report for SHARPS COMPLIANCE CORP (SMED)

Signature
Diana Diaz, on behalf of Reporting Person
Stock symbol
SMED
Transactions as of
Jul 19, 2021
Transactions value $
$0
Form type
4
Date filed
7/21/2021, 04:39 PM
Previous filing
May 20, 2021
Next filing
Aug 26, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SMED Restricted Stock Award Award $0 +31.4K +35.68% $0.00 120K Jul 19, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of a Restricted Stock Award of the Company's common stock issued pursuant to the Sharps Compliance Corp. 2010 Stock Plan and the Executive Compensation and Incentive Plan. The Restricted Stock Award is subject to the terms and conditions of the underlying Restricted Stock Award Agreement and vests as follows: 7,859 shares of the Restricted Stock shall vest on each of July 1, 2022, July 1, 2023 and July 1, 2024 and the remaining 7,858 shares of the Restricted Stock shall vest on July 1, 2025. As the Restricted Stock Award vests, the Reporting Person expects a portion of the shares to be withheld to satisfy tax liabilities.