Sandip Mukerjee - Mar 31, 2023 Form 4 Insider Report for TESSCO TECHNOLOGIES INC (TESS)

Signature
Sandip Mukerjee by Aric Spitulnik by Power of Attorney
Stock symbol
TESS
Transactions as of
Mar 31, 2023
Transactions value $
$0
Form type
4
Date filed
4/4/2023, 07:00 PM
Previous filing
Aug 23, 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 +30K +104.38% 58.7K Mar 31, 2023 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 2,016 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan