Kenneth R. Stacherski - Jul 19, 2022 Form 4 Insider Report for Array Technologies, Inc. (ARRY)

Signature
Tyson Hottinger, as Attorney-in-Fact for Kenneth R. Stacherski
Stock symbol
ARRY
Transactions as of
Jul 19, 2022
Transactions value $
-$65,431
Form type
4
Date filed
7/20/2022, 06:00 PM
Previous filing
Mar 15, 2022
Next filing
Sep 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARRY Common Stock, par value $0.001 per share Sale -$65.4K -5.78K -5.48% $11.33 99.7K Jul 19, 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sale reported on this Form 4 represents shares sold by the Reporting Person to cover tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The sale is mandated by the Issuer's election to require the satisfaction of tax withholding obligations to be funded by a "sell to cover" transaction and does not represent a discretionary transaction by the Reporting Person.