Adam Lowe - Mar 15, 2024 Form 4 Insider Report for CompoSecure, Inc. (CMPO)

Signature
/s/ Adam Lowe, by attorney-in-fact Timothy Fitzsimmons
Stock symbol
CMPO
Transactions as of
Mar 15, 2024
Transactions value $
$2,302,004
Form type
4
Date filed
3/19/2024, 09:59 PM
Previous filing
Jan 3, 2024
Next filing
May 17, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CMPO Class A Common Stock Award $1.15M +222K +30.17% $5.19 957K Mar 15, 2024 Direct F1, F3
transaction CMPO Class A Common Stock Award $1.15M +222K +23.18% $5.19 1.18M Mar 15, 2024 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares represent restricted stock units ("RSUs"), which will vest ratably over three years, with 33% of the award vesting on each of January 1, 2025, January 1, 2026 and January 1, 2027, respectively, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into Class A Common Stock upon vesting.
F2 These shares represent performance-vesting RSUs, which will vest over the applicable performance period based on the achievement of the provided performance targets, as set forth in the governing award agreement, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into Class A Common Stock upon vesting.
F3 Includes (A) the RSUs described in footnote (1) above, (B) 216,858 shares of Class A Common Stock owned by the reporting person, (C) 300,000 shares of Class A Common Stock underlying the 2022 Unvested Time-Vesting RSUs, (D) 87,317 shares of Class A Common Stock underlying the 2023 Unvested Time-Vesting RSUs, and (E) 130,976 performance-vesting RSUs, which will vest over the applicable performance period based on the achievement of the provided performance targets, as set forth in the governing award agreement, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into Class A Common Stock upon vesting. 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 (A) the RSUs described in footnotes (1) and (2) above, (B) 216,858 shares of Class A Common Stock owned by the reporting person, (C) 300,000 shares of Class A Common Stock underlying the 2022 Unvested Time-Vesting RSUs, (D) 87,317 shares of Class A Common Stock underlying the 2023 Unvested Time-Vesting RSUs, and (E) 130,976 performance-vesting RSUs, which will vest over the applicable performance period based on the achievement of the provided performance targets, as set forth in the governing award agreement, subject to the reporting person's continued service as of the applicable vesting date and that will be settled into Class A Common Stock upon vesting. The RSUs will be settled into Class A Common Stock upon vesting and may be settled net of shares withheld to pay applicable taxes.