Ingo Schiller - Jun 2, 2022 Form 4 Insider Report for Manitex International, Inc. (MNTX)

Role
Director
Signature
/s/ Ingo Schiller
Stock symbol
MNTX
Transactions as of
Jun 2, 2022
Transactions value $
$0
Form type
4
Date filed
6/6/2022, 04:59 PM
Previous filing
Jun 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTX Common Stock Award $0 +9K +40.91% $0.00 31K Jun 2, 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Consists of grant of 9,000 shares, of which 3,000 vest immediately, 3,000 will vest on June 2, 2023, and 3,000 will vest on June 2, 2024.
F2 The Reporting Person is a director of Manitex International, Inc. (the "Issuer") and an employee of Tadano Ltd. ("Tadano"). The Reporting Person serves as a director of the Issuer pursuant to Tadano's right under the Securities Purchase Agreement, dated as of May 24, 2018, by and between the Issuer and Tadano, to nominate one individual to serve on the Board of Directors of the Issuer. These shares were assigned to Tadano under the terms of the Reporting Person's arrangement with Tadano. As a result, the Reporting Person disclaims any pecuniary interest in these shares.