Form 4 for SGI SOMNIGROUP INTERNATIONAL INC.
Accepted 2023-02-22 00:00:00 ET · period of report 2023-02-17 · accession 0001206264-23-000062 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-02-22 | 2023-02-17 | SGI | THOMPSON SCOTT L | CEO, Pres, Dir | F - Tax | $42.70 | -8,648 | 2.69M | -0.3% | -$369.3K |
| D | 2023-02-22 | 2023-02-17 | SGI | THOMPSON SCOTT L | CEO, Pres, Dir | M - OptEx | $0.00 | +35.5K | 2.69M | +1% | $0 |
| D | 2023-02-22 | 2023-02-17 | SGI | THOMPSON SCOTT L | CEO, Pres, Dir | A - Grant | $0.00 | +71.0K | 71.0K | New | $0 |
| D | 2023-02-22 | 2023-02-17 | SGI | THOMPSON SCOTT L | CEO, Pres, Dir | M - OptEx | $0.00 | -35.5K | 35.5K | -50% | $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 | 2023-02-17 | F | D | 8,648 | $42.70 | 2,686,182 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-17 | M | A | 35,514 | $0.00 | 2,694,830 | D | — | — | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. |
| 3 | Derivative | Performance Restricted Stock Units | 2023-02-17 | A | A | 71,023 | $0.00 | 71,023 | D | $0.00 · — to — | 71,023 Common Stock | (F2) On January 4, 2022, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EBITDA, Relative TSR Percentile and qualitative ESG performance. The Compensation Committee of the Board of Directors determined the payout for each metric on February 17, 2023 resulting in the reported number of performance shares received. Approximately one-half of the PRSUs vested on February 17, 2023 and the balance will vest on January 4, 2024. |
| 4 | Derivative | Performance Restricted Stock Units | 2023-02-17 | M | D | 35,514 | $0.00 | 35,509 | D | $0.00 · — to — | 35,514 Common Stock | (F1) Performance restricted stock units convert into common stock on a one-for-one basis. (F2) On January 4, 2022, the reporting person was granted a target number of performance shares, with the payout from 0 to 300% of target based on the Company's adjusted EBITDA, Relative TSR Percentile and qualitative ESG performance. The Compensation Committee of the Board of Directors determined the payout for each metric on February 17, 2023 resulting in the reported number of performance shares received. Approximately one-half of the PRSUs vested on February 17, 2023 and the balance will vest on January 4, 2024. |