Form 4 for SHLS Shoals Technologies Group, Inc.
Accepted 2021-07-21 00:00:00 ET · period of report 2021-07-19 · accession 0000899243-21-029238 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-07-21 | 2021-07-19 | SHLS | Peetz Mehgan | GC | S - Sale | $27.02 | -11.9K | 44.0K | -21% | -$322.6K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Class A Common Stock, par value $0.00001 per share | 2021-07-19 | S | D | 11,941 | $27.02 | 44,000 | D | — | — | (F1) Represents 11,941 Class A Common Stock, par value $0.00001 per share ("Class A Common Stock") of Shoals Technologies Group, Inc. (the "Issuer") disposed of in connection with an underwritten public offering, which closed on July 19, 2021. These shares of Class A Common Stock were disposed at $27.02 per share, a public offering price of $28.00 per share less the underwriting discounts. (F2) Represents 44,000 unvested restricted stock units ("RSU") granted to the Reporting Person on January 29, 2021. On each anniversary of the grant date, 25% of the unvested RSUs will vest subject to the Reporting Person's continued employment through each applicable vesting date. RSUs will be settled by delivery of an equal number of shares of the Issuer's Class A Common Stock, par value $0.00001 per share. |