Irene M. Esteves - 09 May 2022 Form 4 Insider Report for Spirit AeroSystems Holdings, Inc. (SPR)

Role
Director
Signature
/s/ David Myers, Attorney-in-Fact
Issuer symbol
SPR
Transactions as of
09 May 2022
Net transactions value
$0
Form type
4
Filing time
11 May 2022, 19:17:20 UTC
Previous filing
26 Apr 2022
Next filing
17 Jun 2022

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 SPR Restricted Stock Units Award $0 +9,104 +26% $0.000000 44,678 09 May 2022 Class A Common Stock 9,104 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock, once vested and payable, on a one-for one basis.
F2 On May 9, 2022 the reported person was granted 9,104 restricted stock units that are subject to a service condition requiring the reporting person to remain as a Director with the issuer until May 9, 2023 however, with respect to 4,329 of these RSUs, a termination of service prior to the satisfaction of the service condition will result in a forfeiture of the applicable RSUs and a cash payment for the pro rata portion of the compensation subject to such RSUs that are earned as of the date of the reporting person's termination.