Joe P. Ross - May 27, 2021 Form 4 Insider Report for Custom Truck One Source, Inc. (CTOS)

Role
President Sales
Signature
By: /s/ Adam Haubenreich, Attorney-in-fact
Stock symbol
CTOS
Transactions as of
May 27, 2021
Transactions value $
$0
Form type
4
Date filed
5/27/2021, 06:40 PM
Next filing
Jul 12, 2021

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 CTOS Restricted Stock Unit Award $0 +100K $0.00 100K May 27, 2021 Common Stock 100K Direct F1, F2
transaction CTOS Performance Stock Unit Award $0 +100K $0.00 100K May 27, 2021 Common Stock 100K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock.
F2 The restricted stock units vest in four equal annual installments beginning on April 1, 2022.
F3 Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. The performance stock units will vest if the volume weighted average price per share of the Issuer's common stock achieves certain thresholds over the performance period ending December 31, 2024.