Form 4 for GRC GORMAN RUPP CO
Accepted 2023-02-24 00:00:00 ET · period of report 2023-02-22 · accession 0001209191-23-012651 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| M | 2023-02-24 | 2023-02-22 | GRC | Wischmeier D Patrick | VP, Information Technology | A - Grant | $0.00 | +4,702 | 6,542 | +256% | $0 |
| M | 2023-02-24 | 2023-02-22 | GRC | Wischmeier D Patrick | VP, Information Technology | F - Tax | $28.61 | -1,238 | 5,455 | -18% | -$35.4K |
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 | 2023-02-22 | A | A | 468 | $0.00 | 3,332 | D | — | — | (F1) Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2020-2022 performance period. |
| 2 | Common | Common Stock | 2023-02-22 | F | D | 151 | $28.61 | 3,181 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 3 | Common | Common Stock | 2023-02-22 | A | A | 873 | $0.00 | 6,328 | D | — | — | (F4) Represents restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest over three years in equal annual installments beginning on the first anniversary of the date of grant. (F5) Balance includes 1,557 unvested restricted stock units granted under The Gorman-Rupp Company 2015 Omnibus Incentive Plan, which vest between February 2023 and February 2026. |
| 4 | Common | Common Stock | 2023-02-22 | F | D | 1,087 | $28.61 | 5,455 | D | — | — | (F2) Shares withheld for payment of tax liability. |
| 5 | Common | Common Stock | 2023-02-22 | A | A | 3,361 | $0.00 | 6,542 | D | — | — | (F3) Performance-based shares awarded under The Gorman-Rupp 2015 Omnibus Incentive Plan after achieving specific performance goals and vesting over the 2021-2022 performance period. |