Bruce Thames - May 12, 2025 Form 4 Insider Report for Thermon Group Holdings, Inc. (THR)

Role
President & CEO, Director
Signature
/s/ Ryan Tarkington, Attorney-in-Fact
Stock symbol
THR
Transactions as of
May 12, 2025
Transactions value $
-$1,061,103
Form type
4
Date filed
5/14/2025, 06:35 PM
Previous filing
Jun 4, 2024
Next filing
Jun 3, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Thames Bruce President & CEO, Director 7171 SOUTHWEST PARKWAY, BUILDING 300, SUITE 200, AUSTIN /s/ Ryan Tarkington, Attorney-in-Fact 2025-05-14 0001640655

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction THR Common Stock Award $0 +50.6K +17% $0.00 349K May 12, 2025 Direct F1
transaction THR Common Stock Award $0 +36.1K +10.34% $0.00 385K May 12, 2025 Direct F2
transaction THR Common Stock Tax liability -$1.06M -35.3K -9.18% $30.04 349K May 12, 2025 Direct 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, 2022, the reporting person was granted a performance unit award vesting on March 31, 2025, subject to the Issuer's compensation committee certifying the Issuer's relative total shareholder return performance during the applicable performance period as further specified in the equity award agreement. Of the 25,324 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2025, the reporting person actually earned 200%, or 50,648 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2025.
F2 On June 1, 2022, the reporting person was granted a performance unit award vesting on March 31, 2025, subject to the Issuer's compensation committee certifying the Issuer's adjusted earnings before interest, taxes, depreciation and amortization during the applicable performance period as further specified in the equity award agreement. Of the 29,545 target shares eligible to be earned based upon the Issuer's performance for the performance period ended March 31, 2025, the reporting person actually earned approximately 122%, or 36,051 shares. The Issuer's compensation committee certified the achievement of the performance goal on May 12, 2025.
F3 Sales price is the fair market value on Monday, May 12, 2025.
F4 Includes 123,370 restricted stock units held by the reporting person.