Douglas A. Rein - 25 May 2022 Form 4 Insider Report for TESSCO TECHNOLOGIES INC

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
27 May 2022, 21:01:06 UTC
Prior SEC filing
24 Mar 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
Douglas A. Rein by Aric Spitulnik by Power of Attorney

Key filing fact

Douglas A. Rein filed Form 4 for TESSCO TECHNOLOGIES INC on 27 May 2022.

Key facts

  • This page summarizes Douglas A. Rein's Form 4 filing for TESSCO TECHNOLOGIES INC.
  • 2 reported transactions and 0 derivative rows are listed below.
  • Accepted by SEC: 27 May 2022, 21:01.

Change

  • Previous filing in this sequence was filed on 24 Mar 2022.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TESS transaction

Common Stock

Options Exercise

Transaction value
Shares
+7,659
Change %
+7.6%
Price
Shares after
108,470
Date
25 May 2022
Ownership
Direct
Footnotes
F1, F2
TESS transaction

Common Stock

Tax liability

Transaction value
Shares
-2,878
Change %
-2.7%
Price
Shares after
105,592
Date
25 May 2022
Ownership
Direct
Footnotes
F2, F3
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In respect of the Performance-Stock Units (or PSUs) granted in May 2021 with respect to fiscal year 2022, on May 25, 2022, the reporting person earned the right to receive 7,659 shares of Common Stock. The reporting person was associated with the Issuer on May 25, 2022, resulting in the vesting and issuance of 7,659 shares of Common Stock so earned.

Footnote F2

All shares are owned directly, except for 4,202 shares which are owned indirectly, through the TESSCO Technologies 401(k) plan and 12,876 shares owned indirectly, through the TESSCO Team Member Stock Purchase Plan.

Footnote F3

$5.80 -- closing market price on May 25, 2022

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