Key facts
- This page summarizes Bruce Thames's Form 4 filing for Thermon Group Holdings, Inc. (THR).
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 19 May 2023, 20:38.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Tax liability
Award
Tax liability
Additional SEC filing notes
Footnote F1
On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 21,242 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 162%, or 34,386 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
Footnote F2
These shares were surrendered for tax payment upon the release of shares in satisfaction of performance stock units.
Footnote F3
Sales price is the fair market value on Wednesday, May 17, 2023.
Footnote F4
On June 1, 2020, the reporting person was granted a performance unit award vesting on March 31, 2023, subject to the Issuer's compensation committee certifying certain relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 18,284 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2023, the reporting person actually earned 106%, or 19,328 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 17, 2023.
Footnote F5
Includes 57,237 restricted stock units held by the reporting person.