BRETT ALAN COPE - 01 Oct 2021 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
President & CEO, Director
Signature
Michael W. Metcalf, Power of Attorney for Brett A. Cope
Issuer symbol
POWL
Transactions as of
01 Oct 2021
Net transactions value
-$52,521
Form type
4
Filing time
04 Oct 2021, 15:02:40 UTC
Next filing
07 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Tax liability $52,521 -2,100 -2.8% $25.01 72,271 01 Oct 2021 Direct F1, F2
transaction POWL Common Stock Award $0 +15,600 +22% $0.000000 87,871 01 Oct 2021 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the average of the high and low stock price on 09/30/2021.
F2 Includes shares that have a time-based vesting provision of three equal installments from date of grant.
F3 Represents time-based RSU awards that will vest in three equal annual installments on the first, second and third anniversaries of October 1, 2021, subject to the Reporting Person's continued employment with the Company.