Michael W. Metcalf - 29 Sep 2023 Form 4 Insider Report for POWELL INDUSTRIES INC (POWL)

Role
Exec Vice President
Signature
Michael W. Metcalf
Issuer symbol
POWL
Transactions as of
29 Sep 2023
Net transactions value
-$172,443
Form type
4
Filing time
03 Oct 2023, 17:15:45 UTC
Previous filing
05 Dec 2022
Next filing
01 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction POWL Common Stock Tax liability $172,443 -2,034 -5.3% $84.78 36,600 29 Sep 2023 Direct F1, F2
transaction POWL Common Stock Award $0 +1,800 +4.9% $0.000000 38,634 02 Oct 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the average of the high and low stock price on 09/29/2023.
F2 Includes shares that have a time-based vesting provision of three equal installments from date of grant.
F3 Shares granted under the Company's long-term equity compensation plan (time-vesting restricted stock unit agreement) which will equally vest on the first, second and third anniversaries of October 2, 2023, subject to the participant's continuous service with the Company.