Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | TTMI | Common Stock | Award | $0 | +21.3K | +23% | $0.00 | 114K | Feb 22, 2024 | Direct | F1 |
transaction | TTMI | Common Stock | Tax liability | -$155K | -10.1K | -8.83% | $15.36 | 104K | Feb 23, 2024 | Direct | F2, F3 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Id | Content |
---|---|
F1 | Reflects shares released on February 22, 2024 in connection with the vesting of performance-based restricted stock units granted on June 22, 2021. |
F2 | Represents the sale of shares sold pursuant to a 10b5-1 Sales Plan to pay the tax liability incident to the vesting of Performance RSUs. |
F3 | The price reported in Box 4. is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.23 to $15.51, inclusive. The reporting person undertakes to provide to TTM Technologies, Inc. (the "Company"), any security holder of the Company, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |