Joycelynn Watkins-Asiyanbi - Mar 15, 2024 Form 4 Insider Report for CECO ENVIRONMENTAL CORP (CECO)

Role
Title: Chief Administrative and Legal Officer
Signature
/s/ Kiril Kovachev as Attorney-in-Fact for Joycelynn Watkins-Asiyanbi
Stock symbol
CECO
Transactions as of
Mar 15, 2024
Transactions value $
$0
Form type
4
Date filed
3/19/2024, 01:29 PM
Previous filing
Oct 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CECO Common Stock Award $0 +23.5K +60.17% $0.00 62.4K Mar 15, 2024 Direct F1

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
holding CECO Restricted Stock Units 41.3K Mar 15, 2024 Common Stock 41.3K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 228 shares acquired under the CECO Environmental Corp. 2020 Employee Stock Purchase Plan.
F2 Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
F3 Conversion of restricted stock units to the Company's common stock will occur on July 5, 2027 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period.

Remarks:

Title: Chief Administrative and Legal Officer