Ian A. Hudson - May 4, 2023 Form 4 Insider Report for FEDERAL SIGNAL CORP /DE/ (FSS)

Signature
Diane I. Bonina, attorney-in-fact for Ian A. Hudson
Stock symbol
FSS
Transactions as of
May 4, 2023
Transactions value $
-$1,408,174
Form type
4
Date filed
5/8/2023, 08:28 PM
Previous filing
Mar 6, 2023
Next filing
Feb 29, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSS Common Stock Award $0 +3.74K +4.71% $0.00 83.2K May 4, 2023 Direct F1
transaction FSS Common Stock Options Exercise $47.6K +2.8K +3.36% $17.02 85.9K May 4, 2023 Direct
transaction FSS Common Stock Sale -$142K -2.8K -3.25% $50.90 83.2K May 4, 2023 Direct F2
transaction FSS Common Stock Options Exercise $229K +9.88K +11.88% $23.14 93K May 4, 2023 Direct
transaction FSS Common Stock Sale -$507K -9.88K -10.62% $51.35 83.2K May 4, 2023 Direct F3
transaction FSS Common Stock Options Exercise $422K +15.5K +18.61% $27.29 98.6K May 4, 2023 Direct
transaction FSS Common Stock Sale -$799K -15.5K -15.69% $51.65 83.2K May 4, 2023 Direct F4
transaction FSS Common Stock Options Exercise $241K +8.68K +10.44% $27.80 91.8K May 4, 2023 Direct
transaction FSS Common Stock Sale -$450K -8.68K -9.45% $51.80 83.2K May 4, 2023 Direct F5
transaction FSS Common Stock Sale -$656K -12.5K -15.03% $52.46 70.7K May 4, 2023 Direct F6
transaction FSS Common Stock Options Exercise $260K +9.34K +13.22% $27.80 80K May 8, 2023 Direct
transaction FSS Common Stock Sale -$491K -9.34K -11.68% $52.53 70.7K May 8, 2023 Direct F7
transaction FSS Common Stock Tax liability -$138K -2.61K -3.69% $52.98 68K May 8, 2023 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 FSS Stock Option (right-to-buy) Award $576K +11.1K $51.81 11.1K May 4, 2023 Common Stock 11.1K $51.81 Direct F8
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +2.8K $0.00* 0 May 4, 2023 Common Stock 2.8K $17.02 Direct F9
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +9.88K $0.00* 0 May 4, 2023 Common Stock 9.88K $23.14 Direct F10
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +15.5K $0.00* 0 May 4, 2023 Common Stock 15.5K $27.29 Direct F11
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +8.68K +247.73% $0.00 12.2K May 4, 2023 Common Stock 8.68K $27.80 Direct F12
transaction FSS Stock Option (right-to-buy) Options Exercise $0 +9.34K $0.00 2.84K May 8, 2023 Common Stock 9.34K $27.80 Direct F13
* 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 3,739 shares vest on 05/04/2026.
F2 This transaction was undertaken in multiple trades at prices ranging from $50.71 to $51.00; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F3 This transaction was undertaken in multiple trades at prices ranging from $51.00 to $51.54; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F4 This transaction was undertaken in multiple trades at prices ranging from $51.54 to $51.73; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F5 This transaction was undertaken in multiple trades at prices ranging from $51.73 to $51.98; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F6 This transaction was executed in multiple trades at prices ranging from $52.12 to $53.08; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation, or a security holder of Federal Signal Corporation.
F7 This transaction was undertaken in multiple trades at prices ranging from $52.10 to $52.95; the price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, Federal Signal Corporation or a security holder of Federal Signal Corporation.
F8 Options become exercisable as to 3,704 shares on 05/04/2024, 3,703 shares on 05/04/2025 and the remaining 3,703 shares on 05/04/2026.
F9 The option vested as to 2,796 shares on 5/10/2020.
F10 The option vested as to 4,939 shares on 5/10/2020 and 4,939 shares on 5/10/2021.
F11 The option vested as to 5,160 shares on 5/06/2020, 5,159 shares on 5/06/2021 and the remaining 5,159 shares on 5/06/2022.
F12 The option vested as to 6,953 shares on 5/08/2021, and 1,725 shares on 5/08/2022.
F13 The options vested as to 5,228 shares on 5/08/2022 and 4,115 shares on 5/08/2023.