Thomas J. Murray III - Mar 8, 2024 Form 4 Insider Report for HEIDRICK & STRUGGLES INTERNATIONAL INC (HSII)

Role
President
Signature
/s/ Antony Gabriel, Attorney-In-Fact
Stock symbol
HSII
Transactions as of
Mar 8, 2024
Transactions value $
-$27,308
Form type
4
Date filed
3/13/2024, 06:01 AM
Previous filing
Mar 12, 2024
Next filing
Jun 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HSII Common Stock Award $0 +22.6K +100.19% $0.00 45.2K Mar 8, 2024 Direct F1
transaction HSII Common Stock Award $0 +32.4K +71.59% $0.00 77.6K Mar 8, 2024 Direct F2
transaction HSII Common Stock Tax liability -$27.3K -859 -1.11% $31.79 76.8K Mar 9, 2024 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents Restricted Stock Units, each representing a contingent right to receive one share of the Issuer's Common Stock under the Fourth Amended and Restated 2012 Heidrick & Struggles GlobalShare Program. The Restricted Stock Units are service-based and vest in three equal installments on the first, second and third anniversaries of the date of grant.
F2 Represents Performance Stock Units, each representing a contingent right to receive one share of the Issuer's Common Stock under the Fourth Amended and Restated 2012 Heidrick & Struggles GlobalShare Program. The Performance Stock Units will be earned in equal 25% increments upon the attainment of certain prescribed stock price hurdles, and will vest in equal annual installments on each of the first four anniversaries of the grant date, subject to Mr. Murray's continuous employment with the Issuer or an affiliate through such vesting date and the achievement of the applicable stock price hurdle for that year.
F3 Reflects an aggregate of 859 shares of common stock retained by Heidrick & Struggles International, Inc. to satisfy tax withholding obligations with respect to the vesting of Restricted Stock Units.