D. Patrick Wischmeier - Feb 22, 2023 Form 4 Insider Report for GORMAN RUPP CO (GRC)

Role
VP, Information Technology
Signature
D. Patrick Wischmeier BY: /s/Brigette A. Burnell Attorney-in-Fact
Stock symbol
GRC
Transactions as of
Feb 22, 2023
Transactions value $
-$35,419
Form type
4
Date filed
2/24/2023, 02:49 PM
Previous filing
Feb 14, 2023
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GRC Common Stock Award $0 +468 +16.34% $0.00 3.33K Feb 22, 2023 Direct F1
transaction GRC Common Stock Tax liability -$4.32K -151 -4.53% $28.61 3.18K Feb 22, 2023 Direct F2
transaction GRC Common Stock Award $0 +3.36K +105.66% $0.00 6.54K Feb 22, 2023 Direct F3
transaction GRC Common Stock Tax liability -$31.1K -1.09K -16.62% $28.61 5.46K Feb 22, 2023 Direct F2
transaction GRC Common Stock Award $0 +873 +16% $0.00 6.33K Feb 22, 2023 Direct F4, F5
holding GRC Common Stock (Company Stock Plan) 1.83K Feb 22, 2023 Direct F6
holding GRC Common Stock (Dividend Reinvestment Plan) 45 Feb 22, 2023 Direct
holding GRC Common Stock (401-K Plan) 5.49K Feb 22, 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.
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 1,557 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 44 shares of common stock acquired under the Company's Employee Stock Purchase Plan between January 1, 2023 and February 22, 2023.