Jeffrey S. Gorman - 22 Feb 2023 Form 4 Insider Report for GORMAN RUPP CO (GRC)

Role
Executive Chairman, Director
Signature
Jeffrey S. Gorman BY:/s/Brigette A. Burnell Attorney-in-Fact
Issuer symbol
GRC
Transactions as of
22 Feb 2023
Net transactions value
-$108,718
Form type
4
Filing time
24 Feb 2023, 14:42:58 UTC
Previous filing
14 Feb 2023
Next filing
25 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRC Common Stock Award $0 +1,563 +20% $0.000000 9,538 22 Feb 2023 By Jeffrey S. Gorman Trust (BR) F1
transaction GRC Common Stock Tax liability $13,304 -465 -4.9% $28.61 9,073 22 Feb 2023 By Jeffrey S. Gorman Trust (BR) F2
transaction GRC Common Stock Award $0 +11,206 +124% $0.000000 20,279 22 Feb 2023 By Jeffrey S. Gorman Trust (BR) F3
transaction GRC Common Stock Tax liability $95,414 -3,335 -16% $28.61 16,944 22 Feb 2023 By Jeffrey S. Gorman Trust (BR) F2
transaction GRC Common Stock Gift $0 +650 +0.16% $0.000000 407,287 03 Jan 2023 By Jeffrey S. Gorman Trust Custody
transaction GRC Common Stock Gift $0 -3,250 -0.8% $0.000000 404,037 03 Jan 2023 By Jeffrey S. Gorman Trust Custody
transaction GRC Common Stock Gift $0 +650 +0.52% $0.000000 126,306 03 Jan 2023 By Michele S. Gorman Trust (BR)
transaction GRC Common Stock Gift $0 -3,250 -2.6% $0.000000 123,056 03 Jan 2023 By Michele S. Gorman Trust (BR)
transaction GRC Common Stock Gift $0 +9,750 +1.2% $0.000000 857,559 03 Jan 2023 By family
holding GRC Common Stock 160,785 22 Feb 2023 By 2011 Jeffrey S. Gorman Trust (Mechanics)
holding GRC Common Stock 62,500 22 Feb 2023 By MNG FBO Jeffrey 2011 Trust
holding GRC Common Stock 175,000 22 Feb 2023 By Michele Gorman trust 2021
holding GRC Common Stock (401-K Plan) 68,210 22 Feb 2023 By 401-K Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2020-2022 performance period.
F2 Shares withheld for payment of tax liability.
F3 Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2021-2022 performance period.