Joycelynn Watkins-Asiyanbi - Sep 29, 2023 Form 4 Insider Report for CECO ENVIRONMENTAL CORP (CECO)

Role
Title: Chief Administrative and Legal Officer Exhibit 24: Power of Attorney
Signature
/s/ Kiril Kovachev as Attorney-in-Fact for Joycelynn Watkins-Asiyanbi
Stock symbol
CECO
Transactions as of
Sep 29, 2023
Transactions value $
$660,216
Form type
4
Date filed
10/3/2023, 04:08 PM
Previous filing
Apr 3, 2023
Next filing
Mar 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CECO Common Stock 38.8K Sep 29, 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CECO Restricted Stock Units Award $660K +41.3K $15.97 41.3K Sep 29, 2023 Common Stock 41.3K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 759 shares acquired under the CECO Environmental Corp. 2020 Employee Stock Purchase Plan.
F2 Represents performance-based restricted stock units. Each restricted stock unit represents a contingent right to receive one share of the Company's stock.
F3 Conversion of restricted stock units to the Company's common stock will occur on July 5, 2027 assuming the reporting person is still employed by the Company and if the shares of the Company's common stock have achieved certain stock price targets over the course of the performance period.

Remarks:

Title: Chief Administrative and Legal Officer Exhibit 24: Power of Attorney