Harold M. Stratton II - Aug 23, 2023 Form 4 Insider Report for STRATTEC SECURITY CORP (STRT)

Role
Director
Signature
/s/ Eric P. Hagemeier, via Power of Attorney
Stock symbol
STRT
Transactions as of
Aug 23, 2023
Transactions value $
$0
Form type
4
Date filed
8/25/2023, 04:01 PM
Previous filing
Aug 24, 2022

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 +2.1K +2.74% $0.00 78.6K Aug 23, 2023 Direct F1, F2
holding STRT Common Stock, par value $.01 per share 2.5K Aug 23, 2023 Note 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 23, 2024, August 23, 2025 and August 23, 2026).
F2 52,667 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.