Stephen A. Trowbridge - 17 Jul 2024 Form 4 Insider Report for ANGIODYNAMICS INC (ANGO)

Role
EVP and CFO
Signature
/s/ Stephen A. Trowbridge
Issuer symbol
ANGO
Transactions as of
17 Jul 2024
Net transactions value
$0
Form type
4
Filing time
19 Jul 2024, 17:18:27 UTC
Previous filing
04 Mar 2024
Next filing
25 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ANGO Common Stock Award $0 +38,953 +30% $0.000000 167,854 17 Jul 2024 Direct F1

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 ANGO Performance Right Award $0 +77,905 $0.000000 77,905 17 Jul 2024 Common Stock 77,905 Direct F2
transaction ANGO Non-Qualified Stock Option (right to buy) Award $0 +76,458 $0.000000 76,458 17 Jul 2024 Common Stock 76,458 $7.40 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition of 38,953 shares of common stock ("Common Stock") of AngioDynamics, Inc. represents 38,953 restricted stock units, each of which represents a contingent right to receive one share of Common Stock. These restricted stock units vest in four equal annual installments beginning on July 17, 2025, such that 25% of the restricted stock units will vest on each of July 17, 2025, 2026, 2027 and 2028.
F2 Each performance right represents a contingent right to receive one share of Common Stock. The target number of shares of Common Stock is set forth in columns 5 and 7 of Table II. Between 0% and 200% of the target number will be earned based on total shareholder return relative to a peer group of companies over a three-year performance period (with a potential upward or downward 20% adjustment on the calculated achievement based on total shareholder return relative to a peer group of companies over a three-year performance period (for a total potential payout of up to 240% of the target number in the aggregate)) in accordance with performance metrics as determined by the compensation committee. Any shares that do not vest at the end of the performance period will be forfeited.
F3 These stock options vest in four equal annual installments beginning on July 17, 2025, such that 25% of the options will vest on each of July 17, 2025, 2026, 2027 and 2028.