Form 4 for SGI SOMNIGROUP INTERNATIONAL INC.
Accepted 2023-01-05 00:00:00 ET · period of report 2023-01-03 · accession 0001206264-23-000004 · 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 | 2023-01-05 | 2023-01-03 | SGI | Rao Bhaskar | EVP, CFO | F - Tax | $33.77 | -25.6K | 335.0K | -7% | -$864.5K |
| DM | 2023-01-05 | 2023-01-03+ | SGI | Rao Bhaskar | EVP, CFO | S - Sale+OE | $35.01 | -17.3K | 326.0K | -5% | -$604.6K |
| DM | 2023-01-05 | 2023-01-03 | SGI | Rao Bhaskar | EVP, CFO | M - OptEx | $0.00 | +81.5K | 357.7K | +30% | $0 |
| DM | 2023-01-05 | 2023-01-03 | SGI | Rao Bhaskar | EVP, CFO | M - OptEx | $0.00 | -81.5K | 72.5K | -53% | $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 | 2023-01-03 | F | D | 2,817 | $33.77 | 341,198 | D | — | — | |
| 2 | Common | Common Stock | 2023-01-04 | S | D | 2,100 | $35.00 | 323,928 | D | — | — | (F4) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.01. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 3 | Common | Common Stock | 2023-01-03 | M | A | 9,056 | $0.00 | 344,015 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2023-01-03 | F | D | 22,783 | $33.77 | 334,959 | D | — | — | |
| 5 | Common | Common Stock | 2023-01-03 | M | A | 72,480 | $0.00 | 357,742 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 6 | Common | Common Stock | 2023-01-03 | S | D | 15,170 | $35.01 | 326,028 | D | — | — | (F3) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $35.00 to $35.07. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. |
| 7 | Derivative | Restricted Stock Units | 2023-01-03 | M | D | 9,056 | $0.00 | 9,056 | D | $0.00 · — to — | 9,056 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F6) The restricted stock units ("RSUs") were previously reported as a grant of 9,058 RSUs vesting in four annual installments on January 3, 2021, 2022, 2023 and 2024. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. |
| 8 | Derivative | Performance Restricted Stock Units | 2023-01-03 | M | D | 72,480 | $0.00 | 72,456 | D | $0.00 · — to — | 72,480 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F5) On February 4, 2021, the Compensation Committee of the Board of Directors determined that the maximum performance condition for the performance restricted stock units (PRSUs) granted on January 3, 2020 was achieved. The PRSUs vest in approximately three equal installments on January 3, 2022, 2023 and 2024 and have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. |