Vernon Irvin - Jul 17, 2023 Form 4 Insider Report for TESSCO TECHNOLOGIES INC (TESS)

Role
Director
Signature
Vernon Irvin by Aric Spitulnik by Power of Attorney
Stock symbol
TESS
Transactions as of
Jul 17, 2023
Transactions value $
$0
Form type
4
Date filed
7/19/2023, 06:00 PM
Previous filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 Jul 17, 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 Jul 17, 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 Jul 17, 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 Jul 17, 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -750 -100% 0 Jul 17, 2023 Direct F1, F2
transaction TESS Common Stock Disposed to Issuer -23.3K -100% 0 Jul 17, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Vernon Irvin is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Disposed of pursuant to merger agreement between issuer and Alliance USAcqCo 2, Inc. dated April 11, 2023, in exchange for the right to receive $9.00 in cash, without interest.
F2 Reflects Common Stock covered by Restricted Share Units, sometimes referred to as RSUs, representing the conditional right to receive one share of Common Stock. Reporting Person previously 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.