Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | SSD | Common Stock | Sale | -$1.04M | -9.01K | -23.25% | $115.27 | 29.7K | Apr 20, 2023 | Direct | F1, F2 |
transaction | SSD | Common Stock | Sale | -$686K | -5.89K | -19.79% | $116.48 | 23.9K | Apr 20, 2023 | Direct | F1, F3 |
transaction | SSD | Common Stock | Sale | -$11.7K | -100 | -0.42% | $117.08 | 23.8K | Apr 20, 2023 | Direct | F1 |
holding | SSD | Common Stock | 33.9K | Apr 20, 2023 | By Trust | F4 | |||||
holding | SSD | Common Stock | 3.53K | Apr 20, 2023 | By Trust (PSP) | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person. |
F2 | The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $115.00 to $115.955, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
F3 | The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $116.05 to $117.01, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
F4 | These shares are held by the Colonias Family Trust 9/18/12 for the benefit of the reporting person's children. The reporting person disclaims beneficial ownership of these securities, and the filing of this report is not an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose. |
F5 | The shares are owned by the Simpson Manufacuturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan") of which the reporting person is a participant. The Plan is qualified under sections 401(a)(26) and 410 of the Internal Revenue Code. |