Daryl M. Adams - 16 Feb 2023 Form 4 Insider Report for SHYFT GROUP, INC. (SHYF)

Role
President and CEO, Director
Signature
/s/ Joshua A. Sherbin as Attorney In Fact for Daryl Adams
Issuer symbol
SHYF
Transactions as of
16 Feb 2023
Net transactions value
-$2,014,884
Form type
4
Filing time
21 Feb 2023, 18:36:20 UTC
Previous filing
19 Apr 2022
Next filing
03 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHYF Common Stock Award $0 +70,145 +16% $0.000000 502,531 16 Feb 2023 Direct F1
transaction SHYF Common Stock Tax liability $972,429 -30,676 -6.1% $31.70 471,855 16 Feb 2023 Direct
transaction SHYF Common Stock Award $0 +75,424 +16% $0.000000 547,279 16 Feb 2023 Direct F1
transaction SHYF Common Stock Tax liability $1,042,454 -32,885 -6% $31.70 514,394 16 Feb 2023 Direct
holding SHYF Common Stock 413,931 16 Feb 2023 By GRAT F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock granted in settlement of performance stock units granted March 30, 2020 under the 2016 Stock Incentive Plan, as amended and restated, based on the achievement of specified performance goals.
F2 Balance reflects 100,463 shares transferred from the Grantor for funding of a Grantor Retained Annuity Trust (GRAT) on September 16, 2022. This transfer is exempt from Section 16 pursuant to Rule 16a-13.