Jennifer L. Sherman - May 2, 2024 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 2, 2024
Transactions value $
$2,323,605
Form type
4
Date filed
5/6/2024, 06:48 PM
Previous filing
Feb 29, 2024
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSS Common Stock Award $0 +12.8K +2.57% $0.00 509K May 2, 2024 Direct F1, F2
transaction FSS Common Stock Tax liability -$631K -7.49K -1.47% $84.20 502K May 6, 2024 Direct
holding FSS Common Stock 59.4K May 2, 2024 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 $2.95M +35.9K $82.31 35.9K May 2, 2024 Common Stock 35.9K $82.31 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 12,757 shares vest on 05/02/2027.
F2 694.8484 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 59,349.0066 to 59,421.981 based on the Issuer price per share of $82.31 on 05/02/2024.
F4 Options become exercisable as to 11,965 shares on 05/02/2025, 11,966 shares on 05/02/2026 and the remaining 11,965 shares on 05/02/2027.