David B. Brown - Aug 18, 2021 Form 4 Insider Report for Perma-Pipe International Holdings, Inc. (PPIH)

Role: Director
Signature: /s/ David B. Brown
Stock symbol: PPIH
Transactions as of: Aug 18, 2021
Transactions value $: -$11,812
Form type: 4
Date filed: 8/19/2021, 01:24 PM
Previous filing: Jun 15, 2021
Next filing: Nov 18, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PPIH	Common Stock	Sale	-$11.8K	-1.79K	-9.32%	$6.61	17.4K	Aug 18, 2021	Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	The shares of common stock reported as sold herein were sold under a Rule 10b5-1 plan effective as of December 24, 2020, pursuant to which shares sufficient to cover estimated taxes associated with the vesting of restricted stock are to be sold in connection with such vesting.
F2	The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.56 to $6.70, inclusive. The reporting person undertakes to provide to Perma-Pipe International Holdings, Inc. ("PPIH"), any security holder of PPIH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.

Content

The shares of common stock reported as sold herein were sold under a Rule 10b5-1 plan effective as of December 24, 2020, pursuant to which shares sufficient to cover estimated taxes associated with the vesting of restricted stock are to be sold in connection with such vesting.

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $6.56 to $6.70, inclusive. The reporting person undertakes to provide to Perma-Pipe International Holdings, Inc. ("PPIH"), any security holder of PPIH, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.