| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | EME | Common Stock | Sale | -$1.82M | -11K | -4.09% | $165.52 | 258K | Apr 27, 2023 | Direct | F1, F2, F4 |
| transaction | EME | Common Stock | Award | $0 | +67 | +0.03% | $0.00 | 258K | Apr 28, 2023 | Direct | F3, F4 |
| holding | EME | Common Stock | 5.79K | Apr 27, 2023 | By the Guzzi Family Irrevocable Trust | F5 |
Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.
Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
| Id | Content |
|---|---|
| F1 | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan dated as of February 24, 2023 and effective as of March 27, 2023. |
| F2 | The price reported is the weighted average of all the shares sold on April 27, 2023. The shares were sold at an average price of $165.52, at varying prices in the range of $165.00 to 167.77. The Reporting person undertakes, upon request by the Staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, to provide full information regarding the number of shares sold at each separate price. |
| F3 | Represents restricted stock units ("RSUs") issued in respect of already outstanding RSUs as a consequence of a dividend paid on the Company's common stock on April 28, 2023. The RSUs issued on April 28, 2023 are subject to the same vesting and forfeiture provisions as the RSUs in respect of which they have been issued. |
| F4 | Includes shares issuable in respect of RSUs. |
| F5 | These securities were transferred by the reporting person as a gift to the Guzzi Family Irrevocable Trust (the "Trust") for the benefit of the reporting person's children. The reporting person's spouse is trustee of the Trust. Such transfer was reported on a previously filed Form 4. The reporting person disclaims beneficial ownership of such securities. |