Peter K. Johansson - 15 Mar 2024 Form 4 Insider Report for CECO ENVIRONMENTAL CORP (CECO)

Signature
/s/ Kiril Kovachev as Attorney-in-Fact for Peter Johansson
Issuer symbol
CECO
Transactions as of
15 Mar 2024
Net transactions value
$0
Form type
4
Filing time
19 Mar 2024, 13:29:29 UTC
Previous filing
03 Oct 2023
Next filing
18 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CECO Common Stock Award $0 +26,384 +65% $0.000000 67,239 15 Mar 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 47,247 15 Mar 2024 Common Stock 47,247 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 517 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: Senior Vice President, Chief Financial and Strategy Officer