David Buntin - Dec 12, 2024 Form 4 Insider Report for Thermon Group Holdings, Inc. (THR)

Role
SVP, Thermon Heat Tracing
Signature
/s/ Ryan Tarkington, Attorney-in-Fact
Stock symbol
THR
Transactions as of
Dec 12, 2024
Transactions value $
-$272,427
Form type
4
Date filed
12/13/2024, 06:13 PM
Previous filing
Jun 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THR Common Stock Options Exercise $560K +28.5K +53.31% $19.64 82K Dec 12, 2024 Direct
transaction THR Common Stock Sale -$778K -24.2K -29.51% $32.15 57.8K Dec 12, 2024 Direct F1, F2
transaction THR Common Stock Options Exercise $72.5K +5.07K +8.78% $14.28 62.8K Dec 12, 2024 Direct
transaction THR Common Stock Sale -$127K -3.95K -6.29% $32.15 58.9K Dec 12, 2024 Direct F2, F3, F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction THR Stock Option (Right to Buy) Options Exercise $0 -28.5K -100% $0.00 0 Dec 12, 2024 Common Stock 28.5K $19.64 Direct F5
transaction THR Stock Option (Right to Buy) Options Exercise $0 -5.07K -100% $0.00 0 Dec 12, 2024 Common Stock 5.07K $14.28 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were sold to cover the exercise price of and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 28,499 shares as reported herein.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $32.03 to $32.36, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 These shares were sold to cover the exercise price of and to satisfy the reporting person's tax withholding obligations related to the exercise of stock options to purchase 5,074 shares as reported herein.
F4 Includes 7,571 restricted stock units held by the reporting person.
F5 The option vested in three equal annual installments beginning on January 3, 2018.
F6 The option vested in full on June 1, 2023.