Paul M. Jolas - Jul 31, 2023 Form 4 Insider Report for Custom Truck One Source, Inc. (CTOS)

Signature
By: /s/ Paul M. Jolas
Stock symbol
CTOS
Transactions as of
Jul 31, 2023
Transactions value $
$0
Form type
4
Date filed
8/2/2023, 04:06 PM
Previous filing
Aug 30, 2021
Next filing
Mar 26, 2024

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 +67.5K $0.00 67.5K Jul 31, 2023 Common Stock 67.5K Direct F1, F2
transaction CTOS Restricted Stock Unit Award $0 +67.5K $0.00 67.5K Jul 31, 2023 Common Stock 67.5K Direct F1, F3
transaction CTOS Performance Stock Unit Award $0 +33.8K $0.00 33.8K Jul 31, 2023 Common Stock 33.8K Direct F4
transaction CTOS Performance Stock Unit Award $0 +33.8K $0.00 33.8K Jul 31, 2023 Common Stock 33.8K Direct F5
* 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 will vest in four substantially equal annual installments beginning on April 1, 2024.
F3 The restricted stock units will vest in four substantially equal annual installments beginning on April 1, 2025.
F4 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.
F5 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.