Tadano Ltd. - Jun 3, 2021 Form 4 Insider Report for Manitex International, Inc. (MNTX)

Signature
/s/ Toshiaki Ujiie, Representative Director, Executive Vice President of Tadano Ltd.
Stock symbol
MNTX
Transactions as of
Jun 3, 2021
Transactions value $
$0
Form type
4
Date filed
6/7/2021, 06:48 PM
Next filing
Jun 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTX Common Stock Award $0 +3K +0.1% $0.00 2.94M Jun 3, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Ingo Schiller ("Schiller"), a director of Manitex International, Inc. (the "Issuer") and an employee of the Reporting Person, was granted (i) 3,000 shares of which 990 vest immediately, 990 will vest on June 3, 2022, and 1,020 will vest on June 3, 2023. Schiller serves as a director of the Issuer pursuant to the Reporting Person's right under the Securities Purchase Agreement, dated as of May 24, 2018, by and between the Issuer and the Reporting Person, to nominate one individual to serve on the Board of Directors of the Issuer (the "Nomination Right").
F2 The shares were assigned to the Reporting Person under the terms of Schiller's arrangement with the Reporting Person. The Reporting Person is a director by deputization because Schiller serves as a director of the Issuer pursuant to the Nomination Right.