ERIC SALZMAN - 17 Jan 2023 Form 4 Insider Report for SAFEGUARD SCIENTIFICS INC (SFES)

Signature
/s/ Eric Salzman
Issuer symbol
SFES
Transactions as of
17 Jan 2023
Net transactions value
-$125,581
Form type
4
Filing time
19 Jan 2023, 08:41:44 UTC
Previous filing
16 Dec 2022
Next filing
13 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFE Common Stock Award $0 +64,000 +33% $0.000000 257,784 17 Jan 2023 Direct F1
transaction SFE Common Stock Tax liability $107,156 -34,290 -13% $3.12 223,494 17 Jan 2023 Direct
transaction SFE Common Stock Award $0 +125,000 +56% $0.000000 348,494 17 Jan 2023 Direct
transaction SFE Common Stock Tax liability $18,425 -5,896 -1.7% $3.12 342,598 17 Jan 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 17, 2022, the reporting person was granted a performance stock unit to acquire 80,000 shares of common stock, the vesting of which is subject to the satisfaction of certain corporate performance criteria. In accordance with the previously established criteria, a portion of such performance stock units vested and the underlying shares were issued as reported in Table I.