| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UFPT | Common Stock, $.01 Par Value | Award | $0 | +3.16K | +25.68% | $0.00 | 15.5K | Feb 14, 2023 | Direct | F1, F3 |
| transaction | UFPT | Common Stock, $.01 Par Value | Award | $0 | +2.76K | +17.86% | $0.00 | 18.2K | Feb 14, 2023 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units granted on February 15, 2022, under the Issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the Issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2023 and with respect to an additional one-third on each of March 1, 2024 and 2025, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date. |
| F2 | Represents stock unit awards granted on February 14, 2023, under the Issuer's 2003 Incentive Plan the vesting under which is solely time-based, that are to be settled solely in shares of common stock. The units vest with respect to one-third of the shares on March 1, 2024 and with respect to an additional one-third on each of March 1, 2025 and 2026, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date. |
| F3 | The reporting person also owns 60,497 shares of UFP Technologies, Inc. indirectly. |