Kenneth R. Stacherski - Sep 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
Sep 19, 2022
Transactions value $
-$24,409
Form type
4
Date filed
9/20/2022, 04:05 PM
Previous filing
Jul 20, 2022
Next filing
Jan 11, 2023

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 -$24.4K -1.33K -1.31% $18.39 99.9K Sep 19, 2022 Direct F1, F2
* 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.
F2 The reported ownership includes 1,571 shares acquired under the Issuer's Employee Stock Purchase Plan, on June 30, 2022.