Benjamin E. Thomas - Mar 10, 2023 Form 4 Insider Report for VSE CORP (VSEC)

Role
President, VSE Aviation, Inc.
Signature
/s/ Farinaz S. Tehrani, Attorney-in-Fact
Stock symbol
VSEC
Transactions as of
Mar 10, 2023
Transactions value $
-$30,161
Form type
4
Date filed
3/14/2023, 04:15 PM
Previous filing
Mar 10, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VSEC Common Stock, par value $.05 Award $0 +466 +2.58% $0.00 18.6K Mar 10, 2023 Direct F1
transaction VSEC Common Stock, par value $.05 Tax liability -$4.77K -113 -0.61% $42.23 18.4K Mar 10, 2023 Direct F2
transaction VSEC Common Stock, par value $.05 Options Exercise $0 +1.07K +5.81% $0.00 19.5K Mar 11, 2023 Direct F3
transaction VSEC Common Stock, par value $.05 Award $0 +1.47K +7.55% $0.00 21K Mar 11, 2023 Direct F4
transaction VSEC Common Stock, par value $.05 Tax liability -$25.4K -620 -2.95% $40.95 20.4K Mar 13, 2023 Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects vesting of annual stock-settled dollar-denominated bonus awards (RSP) earned based on prior performance in the year of grant and generally vesting over a three-year service period in three equal tranches.
F2 Represents withholding of shares of VSE common stock for the tax liability associated with the vesting of RSPs.
F3 Represents acquisition of shares of VSE common stock upon vesting of RSUs.
F4 Represents acquisition of shares of VSE common stock upon vesting of PRSUs that were granted on March 11, 2022 for the performance period ended December 31, 2022.
F5 Represents withholding of shares of VSE common stock for the tax liability associated with the vesting of RSUs and PRSUs.