Paul Dwayne White - Apr 13, 2022 Form 4 Insider Report for Orbital Energy Group, Inc. (OIG)

Role
Director
Signature
/s/ Paul Dwayne White
Stock symbol
OIG
Transactions as of
Apr 13, 2022
Transactions value $
-$255,274
Form type
4
Date filed
4/18/2022, 11:09 AM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OIG Common Stock Award +22.5K +51.97% 65.7K Apr 13, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction OIG SARs Disposed to Issuer -$255K -290K -100% $0.88* 0 Apr 13, 2022 Common Stock $2.89 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Fully vested RSUs, which were immediately convertible to common stock, were issued in connection with cancellation of previously issued cash-settled SARS. 43,227 RSU shares were granted and 20,760 shares were withheld for payroll taxes.