Jennifer L. Sherman - May 4, 2023 Form 4 Insider Report for FEDERAL SIGNAL CORP /DE/ (FSS)

Role
President & CEO, Director
Signature
Diane I. Bonina, attorney-in-fact for Jennifer L. Sherman
Stock symbol
FSS
Transactions as of
May 4, 2023
Transactions value $
$2,135,483
Form type
4
Date filed
5/8/2023, 08:15 PM
Previous filing
Mar 6, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSS Common Stock Award $0 +17.4K +3.76% $0.00 479K May 4, 2023 Direct F1, F2
transaction FSS Common Stock Tax liability -$538K -10.2K -2.12% $52.98 469K May 8, 2023 Direct
holding FSS Common Stock 59K May 4, 2023 held by 401(k) plan 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 FSS Stock Option (right-to-buy) Award $2.67M +51.6K $51.81 51.6K May 4, 2023 Common Stock 51.6K $51.81 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This represents a restricted stock award. All 17,370 shares vest on 05/04/2026.
F2 763.0734 shares were acquired through the dividend reinvestment plan.
F3 Units held in the Issuer 401(k) plan, which are convertible into Issuer common stock, were adjusted from 58,892.8518 to 59,008.3820 based on the Issuer price per share of $51.81 on May 4, 2023.
F4 Options become exercisable as to 17,202 shares on 05/04/2024, 17,202 shares on 05/04/2025 and the remaining 17,202 shares on 05/04/2026.