Annemarie Bell - 23 Aug 2024 Form 4 Insider Report for STANDEX INTERNATIONAL CORP/DE/ (SXI)

Role
VP, Chief HR Officer
Signature
/s/ Alan J. Glass
Issuer symbol
SXI
Transactions as of
23 Aug 2024
Net transactions value
+$199,895
Form type
4
Filing time
28 Aug 2024, 13:55:13 UTC
Previous filing
08 Sep 2023
Next filing
26 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Options Exercise $0 +828 +11% $0.000000 8,205 23 Aug 2024 Direct F1
transaction SXI Common Stock Options Exercise $0 +433 +5.3% $0.000000 8,638 23 Aug 2024 Direct F1
transaction SXI Common Stock Tax liability $95,449 -541 -6.3% $176.43 8,097 23 Aug 2024 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 Options Exercise $0 -828 -100% $0.000000 0 23 Aug 2024 Common Stock 828 $0.000000 Direct F1
transaction SXI Restricted Stock Units Award $147,672 +837 $176.43 837 23 Aug 2024 Common Stock 837 Direct F3
transaction SXI Phantom Stock Units Award $147,672 +837 $176.43 837 23 Aug 2024 Common Stock 837 Direct F4
* 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 the Company's 2018 Omnibus Incentive Plan. Actual achievement, which could have ranged from 0% to 250% of the award, was 152.4%. Thus, the transaction reflected herein reflects the conversion of the original number of units granted and the awarding of the additional amount.
F2 Shares sold to pay taxes on vesting of previously issued restricted stock and/or performance share units.
F3 Grant of Restricted Stock Units pursuant to the 2018 Omnibus Incentive Plan of the Company which vests one-third per year on each anniversary of the date of the award.
F4 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.