Michael W. Metcalf - Oct 1, 2022 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
Exec Vice President
Signature
Michael W. Metcalf
Stock symbol
POWL
Transactions as of
Oct 1, 2022
Transactions value $
-$15,584
Form type
4
Date filed
10/4/2022, 10:29 AM
Previous filing
Dec 7, 2021
Next filing
Dec 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Award $0 +10K +50.59% $0.00 29.8K Oct 1, 2022 Direct F1, F2
transaction POWL Common Stock Tax liability -$15.6K -733 -2.46% $21.26 29K Oct 1, 2022 Direct F2, F3
transaction POWL Common Stock Award $0 +6.3K +21.7% $0.00 35.3K Oct 1, 2022 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares granted under the Company's long-term equity compensation plan (time-vesting restricted stock unit agreement) which will equally vest on the second and third anniversaries of October 1, 2022, subject to the participant's continuous service with the Company.
F2 Includes shares that have a time-based vesting provision.
F3 Represents the average of the high and low stock price on 09/30/2022.
F4 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.