Dennis J. Martin - Nov 9, 2021 Form 4 Insider Report for FEDERAL SIGNAL CORP /DE/ (FSS)

Role
Director
Signature
Daniel A. DuPre, attorney-in-fact for Dennis J. Martin
Stock symbol
FSS
Transactions as of
Nov 9, 2021
Transactions value $
-$2,728,892
Form type
4
Date filed
11/10/2021, 03:10 PM
Previous filing
May 18, 2021
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSS Common Stock Options Exercise $2.25M +178K +39.38% $12.66 629K Nov 9, 2021 Direct F1
transaction FSS Common Stock Tax liability -$4.98M -105K -16.73% $47.32 524K Nov 9, 2021 Direct F2

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 FSS Stock Option (right-to-buy) Options Exercise $0 +59.2K $0.00* 0 Nov 9, 2021 Common Stock 59.2K $12.66 Direct F3
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +118K $0.00* 0 Nov 9, 2021 Common Stock 118K $12.66 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Some shares are subject to restrictions and forfeiture under Company Stock Benefit Plan.
F2 This amount represents the total amount of shares withheld to cover payment of the exercise price and applicable tax withholding.
F3 The option was granted on 01/06/2017 and became fully vested on 05/05/2017.
F4 The option was granted on 05/05/2017 and vested in 2 equal annual installments. The option became fully vested and exercisable as of 05/05/2019.