Form 4 for SGI SOMNIGROUP INTERNATIONAL INC.
Accepted 2023-01-06 00:00:00 ET · period of report 2023-01-04 · accession 0001206264-23-000032 · 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 | 2023-01-06 | 2023-01-04 | SGI | Rao Bhaskar | EVP, CFO | M - OptEx | $0.00 | +74.4K | 348.1K | +27% | $0 |
| DM | 2023-01-06 | 2023-01-04 | SGI | Rao Bhaskar | EVP, CFO | F - Tax | $34.93 | -23.1K | 346.9K | -6% | -$808.2K |
| D | 2023-01-06 | 2023-01-06 | SGI | Rao Bhaskar | EVP, CFO | S - Sale+OE | $35.08 | -27.2K | 348.0K | -7% | -$954.1K |
| D | 2023-01-06 | 2023-01-04 | SGI | Rao Bhaskar | EVP, CFO | A - Grant | $0.00 | +22.2K | 22.2K | New | $0 |
| DM | 2023-01-06 | 2023-01-04 | SGI | Rao Bhaskar | EVP, CFO | M - OptEx | $0.00 | -74.4K | 12.1K | -86% | $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 | 2023-01-04 | M | A | 29,295 | $0.00 | 353,223 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-01-04 | M | A | 7,323 | $0.00 | 354,204 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Common | Common Stock | 2023-01-04 | M | A | 33,760 | $0.00 | 385,686 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 4 | Common | Common Stock | 2023-01-04 | F | D | 10,500 | $34.93 | 375,186 | D | — | — | |
| 5 | Common | Common Stock | 2023-01-06 | S | D | 27,198 | $35.08 | 347,988 | 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 $35.22. 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. |
| 6 | Common | Common Stock | 2023-01-04 | F | D | 2,278 | $34.93 | 351,926 | D | — | — | |
| 7 | Common | Common Stock | 2023-01-04 | F | D | 9,111 | $34.93 | 344,112 | D | — | — | |
| 8 | Common | Common Stock | 2023-01-04 | M | A | 4,019 | $0.00 | 348,131 | D | — | — | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. |
| 9 | Common | Common Stock | 2023-01-04 | F | D | 1,250 | $34.93 | 346,881 | D | — | — | |
| 10 | Derivative | Restricted Stock Units | 2023-01-04 | A | A | 22,187 | $0.00 | 22,187 | D | $0.00 · — to — | 22,187 Common Stock | (F8) On January 4, 2023, the reporting person was granted 22,187 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. |
| 11 | Derivative | Performance Restricted Stock Units | 2023-01-04 | M | D | 29,295 | $0.00 | 58,575 | D | $0.00 · — to — | 29,295 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F4) On February 22, 2022, the Compensation Committee of the Board of Directors determined that the maximum performance conditions for the performance restricted stock units (PRSUs) granted on January 4, 2021 were achieved. The PRSUs vest in approximately three equal installments on January 4, 2023, 2024 and 2025. |
| 12 | Derivative | Restricted Stock Units | 2023-01-04 | M | D | 33,760 | $0.00 | 0 | D | $0.00 · — to — | 33,760 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F7) The restricted stock units ("RSUs") were previously reported as a grant of 33,760 RSUs vesting in four annual installments on January 4, 2020, 2021, 2022 and 2023. The RSUs have been adjusted to reflect the 4-for-1 stock split, which occurred on November 24, 2020. |
| 13 | Derivative | Restricted Stock Units | 2023-01-04 | M | D | 7,323 | $0.00 | 14,644 | D | $0.00 · — to — | 7,323 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F6) On January 4, 2021, the reporting person was granted 29,290 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. |
| 14 | Derivative | Restricted Stock Units | 2023-01-04 | M | D | 4,019 | $0.00 | 12,057 | D | $0.00 · — to — | 4,019 Common Stock | (F1) Performance restricted stock units and restricted stock units convert into common stock on a one-for-one basis. (F5) On January 4, 2022, the reporting person was granted 16,076 restricted stock units, vesting in four annual installments beginning on the first anniversary of the grant date. |