Kathleen McLean - May 25, 2021 Form 4 Insider Report for TESSCO TECHNOLOGIES INC (TESS)

Role
Director
Signature
Kathleen McLean by Aric Spitulnik by Power of Attorney
Stock symbol
TESS
Transactions as of
May 25, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 05:22 PM
Next filing
May 27, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TESS Common Stock Award +6.66K +66.67% 16.6K May 25, 2021 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects Common Stock issuable pursuant to Restricted Share Units, sometimes referred to as RSUs, representing the conditional right to receive one share of Common Stock and granted in lieu of estimated fiscal 2022 director meeting fees. RSUs will vest and the underlying shares of Common Stock will be issued on May 25, 2022. If the Reporting Person does not complete the anticipated performance, the amount of earned RSUs and shares of Common Stock then to be issued will be prorated accordingly. Reporting Person has elected to report the shares of Common Stock as an award in Table I instead of reporting the award of the RSUs in Table II.