David L. Duvall - 10 Aug 2023 Form 4 Insider Report for CORE MOLDING TECHNOLOGIES INC (CMT)

Signature
/s/ John Zimmer, as attorney-in-fact
Issuer symbol
CMT
Transactions as of
10 Aug 2023
Net transactions value
+$471,982
Form type
4
Filing time
14 Aug 2023, 16:35:14 UTC
Previous filing
27 Jun 2023
Next filing
14 Sep 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMT Common Stock Options Exercise $871,621 +34,061 +7.9% $25.59 463,263 10 Aug 2023 Direct
transaction CMT Common Stock Tax liability $399,639 -15,617 -3.4% $25.59 447,646 10 Aug 2023 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
transaction CMT Stock Appreciation Right Options Exercise $0 -55,909 -100% $0.000000* 0 10 Aug 2023 Common Stock 55,909 $10.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares of restricted stock withheld to satisfy the executive's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
F2 Granted as Stock Appreciation Rights (SARs) under the 2006 Long-Term Equity Incentive Plan. The SARs vest and become exercisable 1/3 on the first anniversary of the date of grant, 2/3 on the second anniversary of the date of grant, and 100% on the third anniversary of the date of grant.