Tadano Ltd. - 03 Jun 2021 Form 4 Insider Report for Manitex International, Inc.

Role: Director, 10%+ Owner
Signature: /s/ Toshiaki Ujiie, Representative Director, Executive Vice President of Tadano Ltd.
Issuer symbol: N/A
Transactions as of: 03 Jun 2021
Net transactions value: $0
Form type: 4
Filing time: 07 Jun 2021, 18:48:57 UTC
Next filing: 06 Jun 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MNTX	Common Stock	Award	$0	+3,000	+0.1%	$0.000000	2,940,542	03 Jun 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.

Content

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").

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.