Brian J. Magstadt - Feb 15, 2024 Form 4 Insider Report for Simpson Manufacturing Co., Inc. (SSD)

Signature
Cari Fisher, Attorney-in-Fact
Stock symbol
SSD
Transactions as of
Feb 15, 2024
Transactions value $
-$512,027
Form type
4
Date filed
2/20/2024, 05:35 PM
Previous filing
Jan 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSD Common Stock Award $0 +6.39K +23.39% $0.00 33.7K Feb 15, 2024 Direct F1, F2
transaction SSD Common Stock Tax liability -$512K -2.68K -7.96% $190.77 31K Feb 15, 2024 Direct F3, F4
holding SSD Common Stock 416 Feb 15, 2024 By Trust (PSP) F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units granted in January 2021, for which the performance and vesting periods ended December 31, 2023, and for which the settlement date was February 15, 2024.
F2 At the election of the Reporting Person, a portion of the shares of common stock acquired pursuant to this filing have been deferred under the Simpson Manufacturing Co., Inc. Nonqualified Plan (the "Plan") and will settle on a future date selected by the Reporting Person at the time of his or her deferral election.
F3 Represents shares of common stock withheld by the Company to satisfy the tax withholding obligation for the reporting person's performance stock units that settled on February 15, 2024, and restricted stock units that vested on February 15, 2024.
F4 Includes 3,952 restricted stock units that have not yet vested and 2,499 shares of common stock deferred under the Plan which will settle pursuant to the applicable terms of the Reporting Person's deferral election.
F5 The shares are owned by the Simpson Manufacturing Co., Inc. Profit Sharing Plan for Salaried Employees (the "Plan") of which the reporting person is a participant. The Plan qualifies under sections 401(a)(26) and 410 of the Internal Revenue Code.