Paul C. Burns - Aug 23, 2022 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Role
Vice Pres. Strategy & Business
Signature
/s/ Alan J. Glass
Stock symbol
SXI
Transactions as of
Aug 23, 2022
Transactions value $
$181,504
Form type
4
Date filed
8/25/2022, 01:29 PM
Previous filing
Nov 15, 2021
Next filing
Sep 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Tax liability -$14.6K -153 -1.08% $95.73 14K Aug 23, 2022 Direct F1
transaction SXI Common Stock Award $196K +2.05K +14.65% $95.73 16K Aug 23, 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 +2.05K 2.05K Aug 23, 2022 Common Stock 2.05K Direct F3
transaction SXI Phantom Stock Units Award +737 737 Aug 23, 2022 Common Stock 737 Direct 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 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 of the three year period.
F4 Contingent Purchase of Phantom Stock of the Company pursuant to the Management Stock Purchase Plan component of the Long Term Incentive Plan vesting three years after the date of pruchase in the form of Common Stock.