David B. Jones - Feb 22, 2024 Form 4 Insider Report for INNOSPEC INC. (IOSP)

Role
SVP, GC & CCO
Signature
David Bentley Jones
Stock symbol
IOSP
Transactions as of
Feb 22, 2024
Transactions value $
-$146,474
Form type
4
Date filed
2/23/2024, 06:25 PM
Previous filing
Feb 21, 2024
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IOSP Common Stock Options Exercise $60.8K +609 +6.83% $99.85 9.52K Feb 22, 2024 Direct
transaction IOSP Common Stock Tax liability -$66.6K -538 -5.65% $123.77 8.99K Feb 22, 2024 Direct
transaction IOSP Common Stock Options Exercise $20.4K +204 +2.27% $99.85 9.19K Feb 22, 2024 Direct
transaction IOSP Common Stock Disposed to Issuer -$25.3K -204 -2.22% $123.96 8.99K Feb 22, 2024 Direct F1
transaction IOSP Common Stock Award $0 +2.74K +30.53% $0.00 11.7K Feb 22, 2024 Direct F2
transaction IOSP Common Stock Tax liability -$136K -1.1K -9.35% $123.77 10.6K Feb 22, 2024 Direct F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IOSP Employee Stock Option Options Exercise $0 -609 -100% $0.00* 0 Feb 22, 2024 Common Stock 609 $99.85 Direct
transaction IOSP Stock Appreciation Right Options Exercise $0 -204 -100% $0.00* 0 Feb 22, 2024 Common Stock 204 $99.85 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Appreciation Right. Vested on February 22, 2024. Vested rights were paid in cash on February 22, 2024 based upon the difference in the closing price of the Company's common stock on the date of grant ($99.85, on February 22, 2021) and on the date of exercise ($123.96, on February 22, 2024).
F2 Shares of common stock acquired upon settlement of a performance-based restricted stock unit award granted to the reporting person on February 22, 2021.
F3 Shares withheld to settle income tax liability incurred upon vesting of the above-referenced performance-based restricted stock unit award on February 22, 2024.