Charles Rodney Brown - 22 Feb 2022 Form 4 Insider Report for Forterra, Inc.

Role
EVP & Chief Financial Officer
Signature
/s/ Lori M. Browne, attorney-in-fact for Charles Rodney Brown
Issuer symbol
N/A
Transactions as of
22 Feb 2022
Net transactions value
-$453,581
Form type
4
Filing time
15 Mar 2022, 18:51:49 UTC
Previous filing
14 Jan 2022
Next filing
18 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRTA Common Stock Options Exercise $0 +11,853 +5.4% $0.000000 231,228 22 Feb 2022 Direct
transaction FRTA Common Stock Tax liability $70,991 -3,003 -1.3% $23.64 228,225 22 Feb 2022 Direct F1
transaction FRTA Common Stock Options Exercise $0 +11,705 +5.1% $0.000000 239,930 13 Mar 2022 Direct
transaction FRTA Common Stock Tax liability $108,609 -4,606 -1.9% $23.58 235,324 13 Mar 2022 Direct F2
transaction FRTA Common Stock Options Exercise $0 +29,564 +13% $0.000000 264,888 14 Mar 2022 Direct
transaction FRTA Common Stock Tax liability $273,981 -11,634 -4.4% $23.55 253,254 14 Mar 2022 Direct F3

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 FRTA Restricted Stock Unit Options Exercise $0 -11,853 -33% $0.000000 23,708 22 Feb 2022 Common Stock 11,853 Direct F4, F5
transaction FRTA Restricted Stock Unit Options Exercise $0 -11,705 -50% $0.000000 11,705 13 Mar 2022 Common Stock 11,705 Direct F4, F6
transaction FRTA Restricted Stock Unit Options Exercise $0 -29,564 -100% $0.000000* 0 14 Mar 2022 Common Stock 29,564 Direct F4, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the February 22, 2022 closing price.
F2 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the March 11, 2022 closing price.
F3 Shares withheld on vesting of restricted stock units to cover applicable withholding taxes, with the number of shares withheld based on the March 14, 2022 closing price.
F4 Each restricted stock unit represents the right to receive, at settlement, one share of common stock.
F5 Represents vesting of one-third of restricted stock units granted February 22, 2021.
F6 Represents vesting of one-third of restricted stock units granted March 13, 2020.
F7 Represents vesting of one-third of restricted stock units granted March 14, 2019.