Sean C. Valashinas - 06 Sep 2023 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Signature
/s/ Alan J. Glass
Issuer symbol
SXI
Transactions as of
06 Sep 2023
Net transactions value
-$137,950
Form type
4
Filing time
08 Sep 2023, 17:10:57 UTC
Previous filing
25 Aug 2023
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Options Exercise $0 +406 +7.9% $0.000000 5,520 06 Sep 2023 Direct F1
transaction SXI Common Stock Tax liability $15,107 -99 -1.8% $152.60 5,421 06 Sep 2023 Direct F2
transaction SXI Common Stock Options Exercise $0 +1,275 +24% $0.000000 6,696 06 Sep 2023 Direct F3
transaction SXI Common Stock Options Exercise $0 +1,688 +25% $0.000000 8,384 06 Sep 2023 Direct F3
transaction SXI Common Stock Tax liability $110,177 -722 -8.6% $152.60 7,662 06 Sep 2023 Direct F2
transaction SXI Common Stock Tax liability $12,666 -83 -1.1% $152.60 7,579 06 Sep 2023 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 -406 -100% $0.000000* 0 06 Sep 2023 Common Stock 406 $43.16 Direct F1
transaction SXI Phantom Stock Units Options Exercise $0 -1,275 -100% $0.000000* 0 06 Sep 2023 Common Stock 1,275 $58.81 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 250% of the award, was 232%. 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.