Tadano Ltd. - 02 Jan 2024 Form 4 Insider Report for Manitex International, Inc.

Signature
/s/ Toshiaki Ujiie, Representative Director, Executive Vice President of Tadano Ltd.
Issuer symbol
N/A
Transactions as of
02 Jan 2024
Net transactions value
$0
Form type
4
Filing time
04 Jan 2024, 19:12:47 UTC
Previous filing
10 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTX Common Stock Award $0 +9,000 +0.3% $0.000000 2,967,542 02 Jan 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Takashi Kiso ("Kiso"), a director of Manitex International, Inc. (the "Issuer") and an employee of the Reporting Person, was granted 9,000 shares, of which 3,000 vest immediately, 3,000 will vest on January 2, 2025, and 3,000 will vest on January 2, 2026. Kiso serves as a director of the Issuer pursuant to the Reporting Person's right under the Securities Purchase Agreement, dated as of May 24, 2018, by and between the Issuer and the Reporting Person, to nominate one individual to serve on the Board of Directors of the Issuer (the "Nomination Right").
F2 The shares were assigned to the Reporting Person without consideration under the terms of Kiso's arrangement with the Reporting Person. The Reporting Person is a director by deputization because Kiso serves as a director of the Issuer pursuant to the Nomination Right.