Ronald J. Lataille - 01 Mar 2023 Form 4 Insider Report for UFP TECHNOLOGIES INC (UFPT)

Role: Chief Financial Officer
Signature: Patrick J. Kinney, Jr. as attorney-in-fact for Ronald J. Lataille
Issuer symbol: UFPT
Transactions as of: 01 Mar 2023
Net transactions value: -$380,539
Form type: 4
Filing time: 03 Mar 2023, 15:18:10 UTC
Previous filing: 16 Feb 2023
Next filing: 08 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UFPT	Common Stock, $.01 Par Value	Tax liability	$380,539	-3,226	-18%	$117.96	14,990	01 Mar 2023	Direct	F1
transaction	UFPT	Common Stock, $.01 Par Value	Gift	$0	-4,304	-29%	$0.000000	10,686	01 Mar 2023	Direct	F2
transaction	UFPT	Common Stock, $.01 Par Value	Gift	$0	+4,304	+7.1%	$0.000000	64,801	01 Mar 2023	In Trust	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents shares withheld to cover tax liability with respect to stock unit awards granted in 2019, 2020, 2021 and 2022 that vested on March 1, 2023.
F2	On March 1, 2023, the reporting person transferred 4,304 directly owned shares of UFP Technologies, Inc. common stock to the Ronald J. Lataille Trust, of which the reporting person and his spouse are trustees and beneficiaries.