Daryl Adams - Feb 16, 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
Stock symbol
SHYF
Transactions as of
Feb 16, 2023
Transactions value $
-$2,014,884
Form type
4
Date filed
2/21/2023, 06:36 PM
Previous filing
Apr 19, 2022
Next filing
Apr 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHYF Common Stock Award $0 +70.1K +16.22% $0.00 503K Feb 16, 2023 Direct F1
transaction SHYF Common Stock Tax liability -$972K -30.7K -6.1% $31.70 472K Feb 16, 2023 Direct
transaction SHYF Common Stock Award $0 +75.4K +15.98% $0.00 547K Feb 16, 2023 Direct F1
transaction SHYF Common Stock Tax liability -$1.04M -32.9K -6.01% $31.70 514K Feb 16, 2023 Direct
holding SHYF Common Stock 414K Feb 16, 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.