Alan J. Glass - 06 Sep 2022 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Signature
/s/ Alan J. Glass
Issuer symbol
SXI
Transactions as of
06 Sep 2022
Net transactions value
-$306,099
Form type
4
Filing time
08 Sep 2022, 14:02:37 UTC
Previous filing
25 Aug 2022
Next filing
01 Dec 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Options Exercise $0 +1,032 +6.1% $0.000000 17,878 06 Sep 2022 Direct F1
transaction SXI Common Stock Tax liability $39,292 -458 -2.6% $85.79 17,420 06 Sep 2022 Direct F2
transaction SXI Common Stock Options Exercise $0 +2,561 +15% $0.000000 19,981 06 Sep 2022 Direct F3
transaction SXI Common Stock Options Exercise $0 +845 +4.2% $0.000000 20,826 06 Sep 2022 Direct F3
transaction SXI Common Stock Tax liability $129,629 -1,511 -7.3% $85.79 19,315 06 Sep 2022 Direct F2
transaction SXI Common Stock Tax liability $97,457 -1,136 -5.9% $85.79 18,179 06 Sep 2022 Direct F4
transaction SXI Common Stock Tax liability $39,721 -463 -2.5% $85.79 17,716 06 Sep 2022 Direct F4

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 Options Exercise $0 -1,032 -100% $0.000000* 0 06 Sep 2022 Common Stock 1,032 $51.56 Direct F1
transaction SXI Restricted Stock Options Exercise $0 -2,561 -100% $0.000000* 0 06 Sep 2022 Common Stock 2,561 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of Phantom Stock pursuant to Company's Management Stock Purchase Plan.
F2 Shares sold to pay taxes on the reported vesting of Phantom Stock.
F3 Vesting of Phantom Stock pursuant to the Company's 2018 Omnibus Incentive Plan. Actual achievement, which could have ranged from 0% to 200% of the award, was 133%. Thus, the transaction reflected herein reflects the conversion of the original number of units granted and the awarding of the additional amount.
F4 Shares sold to pay taxes on vesting of previously issued restricted stock.