G. Marc Baumann - Feb 27, 2023 Form 4 Insider Report for SP Plus Corp (SP)

Signature
/s/ Patrick Kilmer-Lipinski, as attorney-in-fact for G Marc Baumann
Stock symbol
SP
Transactions as of
Feb 27, 2023
Transactions value $
-$357,628
Form type
4
Date filed
3/1/2023, 08:41 PM
Previous filing
Feb 21, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SP Common Stock Sale -$358K -10.4K -5.6% $34.36 175K Feb 27, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person had 22,906 restricted stock units (RSUs) that vested and were settled in shares of SP Plus common stock on a one-for-one basis. Upon acquisition of the RSUs, the reporting person automatically sold, solely for purposes of satisfying the resulting tax-withholding obligation, a number of shares of SP Plus common stock sufficient to enable the reporting person to satisfy such tax-withholding obligation. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 29, 2021.
F2 The reporting person holds the shares in an account with his spouse as joint tenants with rights of survivorship.
F3 Includes 86,092 RSUs.