Christopher Gramm - 25 Nov 2024 Form 4 Insider Report for AdvanSix Inc. (ASIX)

Role
Controller
Signature
/s/ Achilles B. Kintiroglou for Christopher Gramm
Issuer symbol
ASIX
Transactions as of
25 Nov 2024
Net transactions value
-$34,552
Form type
4
Filing time
26 Nov 2024, 16:18:53 UTC
Previous filing
08 Nov 2024
Next filing
04 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASIX Common Stock, par value $0.01 Options Exercise $27,880 +1,951 +4.5% $14.29 45,414 25 Nov 2024 Direct F1
transaction ASIX Common Stock, par value $0.01 Sale $62,432 -1,951 -4.3% $32.00 43,463 25 Nov 2024 Direct F1

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 ASIX Stock Option (right to buy) Options Exercise $0 -1,951 -100% $0.000000 0 25 Nov 2024 Common Stock, par value $0.01 1,951 $14.29 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The exercise of options and sale of the underlying shares reported here were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 13, 2024.
F2 This option vested in one-third increments on February 26, 2021, February 26, 2022 and February 26, 2023.