Austin J. Shanfelter - May 19, 2022 Form 4 Insider Report for Orion Group Holdings Inc (ORN)

Role: Interim CEO & Interim CFO, Director
Signature: Peter R. Buchler, attorney-in-fact for Austin J Shanfelter, Interim CEO & Interim CFO
Stock symbol: ORN
Transactions as of: May 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 5/23/2022, 06:02 PM
Previous filing: Sep 10, 2021
Next filing: Sep 28, 2022
SEC: View on sec.gov

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	ORN	Time Vested Restricted Stock Units	Award	$0	+179K		$0.00	179K	May 19, 2022	Common Stock	179K		Direct	F1
transaction	ORN	Time Vested Restricted Stock Units	Award	$0	+251K		$0.00	251K	May 19, 2022	Common Stock	251K		Direct	F2

Showing 1 to 2 of 2 entries

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Time Vested Restricted Stock Units will cliff vest and will be settled, in the discretion of the Company's Compensation Committee, in cash and/or stock (on a one-for-one basis), provided Mr. Shanfelter fulfills his term as Interim Chief Executive Officer, which the registrant expects to occur prior to April 6, 2023.
F2	Time Vested Restricted Stock Units will cliff vest and will be settled, in the discretion of the Company's Compensation Committee, in cash and/or stock (on a one-for-one basis), provided Mr. Shanfelter fulfills his term as Executive Chairman, which the registrant expects to occur prior to April 6, 2023.