Amanda Gourbault - Jan 1, 2023 Form 4 Insider Report for CompoSecure, Inc. (CMPO)

Signature
/s/ Amanda Gourbault, by attorney-in-fact Steven J. Feder
Stock symbol
CMPO
Transactions as of
Jan 1, 2023
Transactions value $
-$252,507
Form type
4
Date filed
1/4/2023, 07:51 PM
Previous filing
Jun 8, 2022
Next filing
Mar 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPO Class A Common Stock Tax liability -$98.3K -20K -3.33% $4.91 582K Jan 1, 2023 Direct F1
transaction CMPO Class A Common Stock Tax liability -$154K -31.4K -5.39% $4.91 551K Jan 1, 2023 Direct F2, F3
holding CMPO Class A Common Stock 14.4K Jan 1, 2023 See Footnote F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 75,000 restricted stock units ("RSUs") that vested on January 1, 2023. These RSUs were originally granted on March 16, 2022 in the aggregate amount of 300,000 RSUs, for which the remaining 225,000 RSUs (the "Tranche 1 Unvested RSUs") will continue to vest ratably on each of January 1, 2024, January 1, 2025 and January 1, 2026, respectively, subject to the reporting person's continued service as of the applicable vesting date.
F2 Reflects the number of shares withheld in satisfaction of applicable tax withholding obligations in connection with the net settlement of 100,000 restricted stock units ("RSUs") that vested on January 1, 2023. These RSUs were originally granted on March 16, 2022 in the aggregate amount of 300,000 RSUs, for which the remaining 200,000 RSUs (the "Tranche 2 Unvested RSUs" and together with the Tranche 1 Unvested RSUs, the "Unvested RSUs") will vest on January 1, 2024, subject to the reporting person's continued service as of the applicable vesting date.
F3 Includes (A) 125,608 shares of Class A Common Stock owned directly by the reporting person, inclusive of shares previously purchased by the reporting person under the Company's Employee Stock Purchase Plan and (B) 425,000 RSUs underlying the Unvested RSUs. The RSUs will be settled into Class A Common Stock upon vesting and may be settled net of shares withheld to pay applicable taxes.
F4 Includes shares of Class A Common Stock owned by the reporting person's husband. The reporting person disclaims beneficial ownership of these shares of Class A Common Stock and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares of Class A Common Stock for purposes of Section 16 or any other purpose.