Joseph C. Losak II - 17 Mar 2023 Form 4 Insider Report for CIRCOR INTERNATIONAL INC

Role: VP Finance, Controller, PAO
Signature: /s/Paul Caron, Attorney-in-Fact for Joseph C. Losak, II
Issuer symbol: N/A
Transactions as of: 17 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Mar 2023, 17:38:03 UTC
Previous filing: 27 Jan 2023
Next filing: 18 Oct 2023
SEC: View on sec.gov

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	CIR	Restricted Stock Unit	Award	$0	+2,160		$0.000000	2,160	17 Mar 2023	Common Stock	2,160	$0.000000	Direct	F1
transaction	CIR	Restricted Stock Unit (MSP)	Award	$0	+266		$0.000000	266	17 Mar 2023	Common Stock	266	$0.000000	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on each of the first three anniversaries of the grant date. The RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.
F2	This Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuers Management Stock Purchase Plan (MSPP) whereby, pursuant to an advanced election by the executive, he or she receives RSUs in lieu of a specified percentage or dollar amount of his or her annual incentive cash bonus. The RSUs are issued in whole units at a 33 percent discount from fair market value of the issuers common stock on the award date and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.

Content

The grant of Restricted Stock Units (RSUs), reported herein, entitles the Reporting Person to receive shares of the issuer common stock in equal installments of one-third of the original RSU grant on each of the first three anniversaries of the grant date. The RSUs automatically convert into shares of common stock on a one-for-one basis at no conversion cost to the Reporting Person.

This Restricted Stock Units (RSUs) grant is issued pursuant to a provision of the issuers Management Stock Purchase Plan (MSPP) whereby, pursuant to an advanced election by the executive, he or she receives RSUs in lieu of a specified percentage or dollar amount of his or her annual incentive cash bonus. The RSUs are issued in whole units at a 33 percent discount from fair market value of the issuers common stock on the award date and generally vest 3 years from the date of the grant, at which time the RSUs convert into shares of common stock on a one-for-one basis unless the executive previously elected a longer deferral period.

Remarks:

Exhibit List: Exhibit 24 - Power of Attorney