James Kerr - Feb 22, 2023 Form 4 Insider Report for GORMAN RUPP CO (GRC)

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GRC	Common Stock	Award	$0	+1.17K	+8%	$0.00	15.8K	Feb 22, 2023	Direct	F1
transaction	GRC	Common Stock	Tax liability	-$10K	-351	-2.22%	$28.61	15.5K	Feb 22, 2023	Direct	F2
transaction	GRC	Common Stock	Award	$0	+8.97K	+57.93%	$0.00	24.4K	Feb 22, 2023	Direct	F3
transaction	GRC	Common Stock	Tax liability	-$76.6K	-2.68K	-10.95%	$28.61	21.8K	Feb 22, 2023	Direct	F2
transaction	GRC	Common Stock	Award	$0	+2.8K	+12.85%	$0.00	24.6K	Feb 22, 2023	Direct	F4, F5
holding	GRC	Common Stock (Company Stock Plan)						1.43K	Feb 22, 2023	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.
F4	Represents restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest over three years in equal annual installments beginning on the first anniversary of the date of grant.
F5	Balance includes 4,850 unvested restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest between February 2023 and February 2026.
F6	Balance reflects 42 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2023 and February 22, 2023.