Paul W. Cobb Jr. - Feb 10, 2022 Form 4 Insider Report for PAE Inc (PAE)

Role
EVP, GC & Sec
Signature
By: /s/ Paul W. Cobb, Jr.
Stock symbol
PAE
Transactions as of
Feb 10, 2022
Transactions value $
-$152,608
Form type
4
Date filed
2/14/2022, 03:55 PM
Next filing
Feb 16, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAE Class A Common Stock Options Exercise +4.48K +3.94% 118K Feb 10, 2022 Direct F1
transaction PAE Class A Common Stock Tax liability -$15.9K -1.59K -1.34% $10.04 116K Feb 10, 2022 Direct
transaction PAE Class A Common Stock Options Exercise +43.8K +37.63% 160K Feb 10, 2022 Direct F1
transaction PAE Class A Common Stock Tax liability -$137K -13.6K -8.5% $10.04 146K Feb 10, 2022 Direct

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 PAE Restricted Stock Units Options Exercise -43.8K -100% 0 Feb 10, 2022 Class A Common Stock 43.8K Direct F2, F3
transaction PAE Restricted Stock Units Options Exercise -4.48K -33.33% 8.95K Feb 10, 2022 Class A Common Stock 4.48K Direct F2, F4
* 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 Class A Common Stock on a one-for-one basis.
F2 Each restricted stock unit represents a contingent right to receive one share of PAE Incorporated's Class A Common Stock.
F3 Restricted Stock Units vested on February 10, 2022
F4 The restricted stock units vest in four equal annual installments beginning February 10, 2021.