Alan J. Glass - Aug 23, 2023 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Role
CLO, VP & Secretary
Signature
/s/ Alan J. Glass
Stock symbol
SXI
Transactions as of
Aug 23, 2023
Transactions value $
$4,233
Form type
4
Date filed
8/25/2023, 12:27 PM
Previous filing
Jun 6, 2023
Next filing
Sep 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Tax liability -$92.5K -582 -3.86% $158.99 14.5K Aug 23, 2023 Direct F1
transaction SXI Common Stock Award +1.27K +8.76% 15.8K Aug 23, 2023 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 $0 +1.27K $0.00 1.27K Aug 23, 2023 Common Stock 1.27K Direct F3
transaction SXI Phantom Stock Units Award $96.8K +912 $106.10 912 Aug 23, 2023 Common Stock 912 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 2018 Omnibus 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 2018 Omnibus Incentive Plan vesting three years after the date of purchase in the form of Common Stock.