Brett A. Cope - 01 Oct 2022 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 2022
Net transactions value
-$50,322
Form type
4
Filing time
04 Oct 2022, 10:25:31 UTC
Previous filing
14 Feb 2022
Next filing
05 Dec 2022
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 $50,322 -2,367 -2.1% $21.26 108,504 01 Oct 2022 Direct F1, F2
transaction POWL Common Stock Award $0 +21,700 +20% $0.000000 130,204 01 Oct 2022 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 09/30/2022.
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, 2022, subject to the Reporting Person's continued employment with the Company.