Harold M. Stratton II - 22 Aug 2022 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
22 Aug 2022
Net transactions value
$0
Form type
4
Filing time
24 Aug 2022, 16:41:02 UTC
Previous filing
08 Aug 2022
Next filing
25 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STRT Common Stock, par value $0.01 per share Award $0 +1,650 +2.2% $0.000000 76,454 22 Aug 2022 Direct F1, F2
holding STRT Common Stock, par value $0.01 per share 2,500 22 Aug 2022 Note (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 22, 2023, August 22, 2024, and August 22, 2025).
F2 47,717 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.