Ademir Sarcevic - Aug 23, 2023 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Role: Vice President/CFO/Treasurer
Signature: /s/ Alan J. Glass
Stock symbol: SXI
Transactions as of: Aug 23, 2023
Transactions value $: -$83,510
Form type: 4
Date filed: 8/25/2023, 12:29 PM
Previous filing: May 23, 2023
Next filing: Aug 25, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SXI	Common Stock	Tax liability	-$147K	-927	-9.54%	$158.99	8.79K	Aug 23, 2023	Direct	F1
transaction	SXI	Common Stock	Award		+2.49K	+28.33%		11.3K	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	+2.49K		$0.00	2.49K	Aug 23, 2023	Common Stock	2.49K		Direct	F3
transaction	SXI	Phantom Stock Units	Award	$63.9K	+602		$106.10	602	Aug 23, 2023	Common Stock	602		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.