Annemarie Bell - 23 Aug 2022 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Signature
/s/ Alan J. Glass
Issuer symbol
SXI
Transactions as of
23 Aug 2022
Net transactions value
+$106,643
Form type
4
Filing time
25 Aug 2022, 13:27:26 UTC
Previous filing
08 Sep 2021
Next filing
08 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Tax liability $6,318 -66 -2.2% $95.73 2,884 23 Aug 2022 Direct F1
transaction SXI Common Stock Award $112,961 +1,180 +41% $95.73 4,064 23 Aug 2022 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SXI Phantom Stock Units Award +1,180 1,180 23 Aug 2022 Common Stock 1,180 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares sold to pay taxes on vesting of previously issued restricted stock.
F2 Grant of restricted stock pursuant to the 2018 Omnibus Incentive Plan of the Company which vests one-third per year on each anniversary of the date of award.
F3 Converts on a one-to-one basis into shares of common stock upon vesting.
F4 Award of Performance Share units pursuant to the Long Term Incentive Plan of the Company. These shares cliff vest at the end of a three year performance period with the ultimate number of shares ranging from 0 to 250% of the award based on achievement against Company performance metrics over the three year period.