David S. Barrie - 17 Nov 2021 Form 4 Insider Report for Perma-Pipe International Holdings, Inc. (PPIH)

Role: Director
Signature: /s/ David S. Barrie
Issuer symbol: PPIH
Transactions as of: 17 Nov 2021
Net transactions value: -$14,832
Form type: 4
Filing time: 18 Nov 2021, 12:43:15 UTC
Previous filing: 19 Aug 2021
Next filing: 07 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PPIH	Common Stock	Sale	$14,832	-1,787	-7.9%	$8.30	20,709	17 Nov 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 $8.16 to $8.36, 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 $8.16 to $8.36, 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.