John L. Plueger - 08 May 2023 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
08 May 2023
Net transactions value
$0
Form type
4
Filing time
11 May 2023, 10:08:24 UTC
Previous filing
28 Feb 2023
Next filing
29 Dec 2023

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 +10,608 +81% $0.000000 23,634 08 May 2023 Class A Common Stock 10,608 $0.000000 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 8, 2023 the reported person was granted 10,608 (shares granted) restricted stock units that are subject to a service condition requiring the reporting person to remain as a Director with the issuer until May 8, 2024 (vest date) however, with respect to 4,488 of these RSUs (cash award converted to units), 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.