Aric Spitulnik - May 30, 2022 Form 4 Insider Report for TESSCO TECHNOLOGIES INC (TESS)

Role: CFO AND SENIOR VICE PRESIDENT
Signature: Aric Spitulnik
Stock symbol: TESS
Transactions as of: May 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 6/1/2022, 09:00 PM
Previous filing: May 27, 2022
Next filing: Jul 19, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TESS	Common Stock	Award		+11.3K	+33.53%		44.8K	May 30, 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects Common Stock covered by Restricted Stock Units, sometimes referred to as RSUs, representing the conditional right to receive one share of Common Stock. RSUs are subject to time vesting, 25% on each of the first, second, third and fourth anniversaries of the grant date, generally subject to the reporting persons continued association with the Issuer on the date such shares of Common Stock are to be issued. Reporting Person has elected to report the shares of Common Stock as an award in Table I instead of reporting the award of the RSUs in Table II.
F2	All shares are owned directly, except for 3,467 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan and 5,168 shares owned indirectly, through the TESSCO Team Member Stock Purchase Plan.

Content

Reflects Common Stock covered by Restricted Stock Units, sometimes referred to as RSUs, representing the conditional right to receive one share of Common Stock. RSUs are subject to time vesting, 25% on each of the first, second, third and fourth anniversaries of the grant date, generally subject to the reporting persons continued association with the Issuer on the date such shares of Common Stock are to be issued. Reporting Person has elected to report the shares of Common Stock as an award in Table I instead of reporting the award of the RSUs in Table II.

All shares are owned directly, except for 3,467 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan and 5,168 shares owned indirectly, through the TESSCO Team Member Stock Purchase Plan.