Fredrick M. Ross Jr. - Aug 2, 2022 Form 4 Insider Report for Custom Truck One Source, Inc. (CTOS)

Role
Chief Executive Officer, Director
Signature
By: /s/ Adam Haubenreich, Attorney-in-fact
Stock symbol
CTOS
Transactions as of
Aug 2, 2022
Transactions value $
$0
Form type
4
Date filed
8/4/2022, 05:05 PM
Previous filing
May 13, 2022
Next filing
Mar 9, 2023

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 +350K $0.00 350K Aug 2, 2022 Common Stock 350K Direct F1, F2
transaction CTOS Performance Stock Unit Award $0 +175K $0.00 175K Aug 2, 2022 Common Stock 175K 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, 2024.
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 applicable performance period.