Peter K. Johansson - 15 Aug 2023 Form 4 Insider Report for CECO ENVIRONMENTAL CORP (CECO)

Role
Title: Senior Vice President, Chief Financial and Strategy Officer
Signature
/s/ Kiril Kovachev as Attorney-in-Fact for Peter Johansson
Issuer symbol
CECO
Transactions as of
15 Aug 2023
Net transactions value
-$116,886
Form type
4
Filing time
12 Dec 2024, 14:55:41 UTC
Previous filing
03 Apr 2023
Next filing
03 Oct 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CECO Common Stock Tax liability $23,944 -1,803 -2.7% $13.28 65,436 15 Aug 2023 Direct F1
transaction CECO Common Stock Tax liability $21,201 -921 -1.4% $23.02 64,515 31 Mar 2024 Direct F1
transaction CECO Common Stock Tax liability $71,741 -2,544 -3.9% $28.20 62,560 15 Aug 2024 Direct F1, F2

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 Aug 2023 Common Stock 47,247 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares withheld for net settlement to cover the tax liability for the vesting of restricted stock units, which withholding was not previously reported due to an administrative oversight.
F2 Includes 589 shares acquired under the CECO Environmental Corp. 2020 Employee Stock Purchase Plan
F3 Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
F4 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