Alan J. Glass - Aug 23, 2024 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, 2024
Transactions value $
-$70,908
Form type
4
Date filed
8/28/2024, 02:00 PM
Previous filing
Feb 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SXI Common Stock Options Exercise $0 +2.41K +12.52% $0.00 21.6K Aug 23, 2024 Direct F1
transaction SXI Common Stock Tax liability -$187K -1.06K -4.9% $176.43 20.6K Aug 23, 2024 Direct F2
transaction SXI Common Stock Options Exercise $0 +1.89K +9.17% $0.00 22.5K Aug 23, 2024 Direct F3
transaction SXI Common Stock Options Exercise $0 +988 +4.4% $0.00 23.4K Aug 23, 2024 Direct F3
transaction SXI Common Stock Tax liability -$377K -2.14K -9.12% $176.43 21.3K Aug 23, 2024 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 -2.41K -100% $0.00 0 Aug 23, 2024 Common Stock 2.41K $71.18 Direct F1
transaction SXI Phantom Stock Units Options Exercise $0 -1.89K -100% $0.00 0 Aug 23, 2024 Common Stock 1.89K $0.00 Direct F3
transaction SXI Phantom Stock Units Award $75.2K +622 $120.86 622 Aug 23, 2024 Common Stock 622 Direct F5
transaction SXI Restricted Stock Units Award $209K +1.19K $176.43 1.19K Aug 23, 2024 Common Stock 1.19K Direct F6
transaction SXI Phantom Stock Units Award $209K +1.19K $176.43 1.19K Aug 23, 2024 Common Stock 1.19K Direct F7
* 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 152.4%. 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 and/or performance share units.
F5 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.
F6 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.
F7 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.