Mark R. Stauffer - 18 Aug 2021 Form 4 Insider Report for Orion Group Holdings Inc (ORN)

Signature
Mark R. Stauffer
Issuer symbol
ORN
Transactions as of
18 Aug 2021
Net transactions value
-$424,763
Form type
4
Filing time
20 Aug 2021, 16:39:26 UTC
Previous filing
25 May 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORN Common Stock Award +335,739 +44% 1,102,971 18 Aug 2021 Direct F1
transaction ORN Common Stock Tax liability $341,088 -62,700 -5.7% $5.44 1,040,271 18 Aug 2021 Direct F2
transaction ORN Common Stock Tax liability $83,675 -15,758 -1.5% $5.31 1,024,513 20 Aug 2021 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the number of shares earned under a performance award granted on May 21, 2020. One half of the shares vested on August 18, 2021, with the remaining half vesting in two equal installments on August 18, 2022 and August 18, 2023, subject to the Reporting Person's continued employment through the applicable vesting date.
F2 Reflects a reduction of shares of performance-based stock withheld to cover taxes payable by the Reporting Person due to the vesting of shares on August 18, 2021.
F3 Reflects a reduction of shares of performance-based stock withheld to cover taxes payable by the Reporting Person due to the vesting of shares on August 20, 2021.