Jonathan Baliff - 03 Jul 2023 Form 4 Insider Report for Redwire Corp (RDW)

Signature
/s/ Nathan O'Konek, by Power of Attorney
Issuer symbol
RDW
Transactions as of
03 Jul 2023
Net transactions value
-$16,516
Form type
4
Filing time
06 Jul 2023, 18:33:59 UTC
Previous filing
20 Apr 2023
Next filing
21 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RDW Common Stock, par value $0.0001 per share Tax liability $16,516 -6,280 -0.75% $2.63 826,685 03 Jul 2023 Direct F1, F2
transaction RDW Common Stock, par value $0.0001 per share Award $0 +90,000 +11% $0.000000 916,685 03 Jul 2023 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 RDW Performance-Based Restricted Stock Units Award $0 +90,000 $0.000000 90,000 03 Jul 2023 Common Stock, par value $0.0001 per share 90,000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares mandatorily withheld for taxes due in connection with the vesting of restricted stock units.
F2 Represents the closing price on the vesting date of July 3, 2023.
F3 Consists of restricted stock units which vest in three equal annual installments on July 3, 2024; July 3, 2025 and July 3, 2026.
F4 Each unit represents a contingent right to receive between 0 and 2 shares of Redwire common stock depending upon Redwire's closing price on December 31, 2025, the end of the performance period.