Form 4 for STRT STRATTEC SECURITY CORP
Accepted 2024-10-29 00:00:00 ET · period of report 2024-10-25 · accession 0000950170-24-118336 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2024-10-29 | 2024-10-25 | STRT | Slater Jennifer Lynn | Pres, CEO, Dir | A - Grant | $0.00 | +54.7K | 54.7K | New | $0 |
| D | 2024-10-29 | 2024-10-25 | STRT | Slater Jennifer Lynn | Pres, CEO, Dir | A - Grant | $0.00 | +16.9K | 16.9K | New | $0 |
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 | Common Stock, par value $0.01 per share | 2024-10-25 | A | A | 12,618 | $0.00 | 12,618 | D | — | — | (F1) Grant of shares of restricted stock which vest on July 1, 2025. |
| 2 | Common | Common Stock, par value $0.01 per share | 2024-10-25 | A | A | 25,236 | $0.00 | 37,854 | D | — | — | (F2) Grant of shares of restricted stock which vest in equal portions on on July 1, 2026 and July 1, 2027. |
| 3 | Common | Common Stock, par value $0.01 per share | 2024-10-25 | A | A | 16,878 | $0.00 | 54,732 | D | — | — | (F3) Grant of shares of restricted stock which vest pro rata over three years on each anniversary of the grant date (i.e., one-third vest on each of October 25, 2025, October 25, 2026, and October 25, 2027). |
| 4 | Derivative | Performance Restricted Stock Units | 2024-10-25 | A | A | 16,878 | $0.00 | 16,878 | D | — · — to 2027-09-30 | 16,878 Common Stock, par value $0.01 per share | (F4) Each performance restricted stock unit represents a contingent right to receive one share of the Issuer's Common Stock based upon the Issuer's EBITDA percentage over a three-year performance period ending June 27, 2027. |