Thomas N. Cerovski - Jun 1, 2023 Form 4 Insider Report for Thermon Group Holdings, Inc. (THR)

Role
SVP, Global Sales
Signature
/s/ Ryan Tarkington, Attorney-in-Fact
Stock symbol
THR
Transactions as of
Jun 1, 2023
Transactions value $
-$44,801
Form type
4
Date filed
6/5/2023, 03:51 PM
Previous filing
May 19, 2023
Next filing
May 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THR Common Stock Award $0 +3.85K +12.21% $0.00 35.4K Jun 1, 2023 Direct F1
transaction THR Common Stock Tax liability -$44.8K -1.97K -5.57% $22.73 33.4K Jun 1, 2023 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On June 1, 2023, the reporting person was granted an award of restricted stock units. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. The award vests in equal installments on the first, second and third anniversaries of the grant date. Restricted stock units convert into shares of the Issuer's common stock on a one-for-one basis.
F2 These shares were surrendered for tax payment upon vesting of restricted stock units on June 1, 2023.
F3 Sales price is the fair market value on Thursday, June 1, 2023.
F4 Includes 9,279 restricted stock units held by the reporting person.