| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | UFPT | Common Stock, $.01 Par Value | Award | $0 | +2.97K | +22.89% | $0.00 | 16K | Feb 15, 2022 | Direct | F1 |
| transaction | UFPT | Common Stock, $.01 Par Value | Award | $0 | +3.16K | +19.8% | $0.00 | 19.1K | Feb 15, 2022 | Direct | F2, F3 |
| Id | Content |
|---|---|
| F1 | Represents restricted stock units granted on February 22, 2021, under the issuer's 2003 Incentive Plan subject to satisfaction of performance targets that are to be settled solely in shares of common stock. The transaction date represents the date on which the issuer's Compensation Committee determined the performance targets were achieved. The units vest with respect to one-third of the shares on March 1, 2022 and with respect to an additional one-third on each of March 1, 2023 and 2024, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date. |
| F2 | Represents stock unit awards granted on February 15, 2022, under the issuer's 2003 Incentive Plan the vesting under which is soley time-based, that are to be settled soley in shares of common stock. The units vest with respect to one-third of the shares on March 1, 2023 and with respect to an additional one-third on each of March 1, 2024 and 2025, so long as the recipient is in the continuous employ of the Issuer through each such respective vesting date. |
| F3 | The reporting person also holds 67,361 shares of UFP Technologies, Inc. indirectly by Trust. |