Howard I. Hoffen - Jan 20, 2023 Form 4 Insider Report for EnerSys (ENS)

Role
Director
Signature
Karen J. Yodis, by Power of Attorney
Stock symbol
ENS
Transactions as of
Jan 20, 2023
Transactions value $
$22,736
Form type
4
Date filed
1/24/2023, 03:58 PM
Previous filing
Jan 3, 2023
Next filing
Apr 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ENS Common Stock Award $22.7K +283 +0.65% $80.34 43.9K Jan 20, 2023 Direct F1
transaction ENS Common Stock Award $0 +57 +0.13% $0.00 44K Jan 20, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In lieu of receiving cash fees, the reporting person received 283 stock units, which immediately vested, in the EnerSys Voluntary Deferred Compensation Plan for Non-Employee Directors (the "Plan").
F2 This amount reflects a matching stock unit contribution by EnerSys for the reporting person's account in the Plan. The matching stock unit contribution vests 25% on each of April 20, 2023, July 20, 2023, October 20, 2023, and January 20, 2024. Such vesting is subject to acceleration or cancellation upon the occurrence of certain events.
F3 As a result of these transactions the reporting person has an additional 340 stock units in the Plan. Each of these stock units represents a right to receive one share of EnerSys common stock and is payable upon the reporting person's Termination, as defined in the Plan.
F4 The reporting person has no direct pecuniary interest in such shares and disclaims beneficial ownership except to the extent ultimately realized.