Harold M. Stratton II - 17 Aug 2021 Form 4 Insider Report for STRATTEC SECURITY CORP (STRT)

Role
Director
Signature
/s/ Eric P. Hagemeier, via Power of Attorney
Issuer symbol
STRT
Transactions as of
17 Aug 2021
Net transactions value
$0
Form type
4
Filing time
19 Aug 2021, 16:36:19 UTC
Previous filing
17 Aug 2021
Next filing
20 Aug 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRT Common Stock, par value $.01 per share Award $0 +1,050 +1.7% $0.000000 61,259 17 Aug 2021 Direct F1, F2
holding STRT Common Stock, par value $.01 per share 2,500 17 Aug 2021 Footnote 3 F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock which vest pro rata over a three year period on the anniversary of the date of grant (i.e., one-third vest on each of August 17, 2022, August 17, 2023, and August 17, 2024).
F2 32,522 of these shares are held jointly by Mr. Stratton and his spouse.
F3 These shares are held in a trust as to which Mr. Stratton is co-trustee and beneficiary.