Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | MNTX | Common Stock | Award | $0 | +9K | +0.3% | $0.00 | 2.97M | Jan 2, 2024 | Direct | F1, F2 |
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. |