Form 4 for ARRY Array Technologies, Inc.
Accepted 2025-03-14 00:00:00 ET · period of report 2025-03-12 · accession 0001820721-25-000030 · 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 | 2025-03-14 | 2025-03-12 | ARRY | Collins Terrance L | CHRO | M - OptEx | $0.00 | +8,627 | 30.1K | +40% | $0 |
| D | 2025-03-14 | 2025-03-12 | ARRY | Collins Terrance L | CHRO | F - Tax | $6.03 | -2,317 | 27.8K | -8% | -$14.0K |
| D | 2025-03-14 | 2025-03-12 | ARRY | Collins Terrance L | CHRO | M - OptEx | $0.00 | -8,627 | 84.2K | -9% | $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 $0.001 per share | 2025-03-12 | M | A | 8,627 | $0.00 | 30,143 | D | — | — | |
| 2 | Common | Common Stock, par value $0.001 per share | 2025-03-12 | F | D | 2,317 | $6.03 | 27,826 | D | — | — | (F2) Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting and settlement of Restricted Stock Units. The number of shares withheld is based on the closing price of the Issuer's common stock on March 12, 2025. |
| 3 | Derivative | Restricted Stock Units | 2025-03-12 | M | D | 8,627 | $0.00 | 84,247 | D | — · — to — | 8,627 Common Stock, par value $0.001 per share | (F4) Includes (i) 5,082 unvested restricted stock units granted on August 1, 2022, (ii) 12,303 unvested restricted stock units granted on March 17, 2023, (iii) 17,256 unvested restricted stock units granted on March 12, 2024, in each case previously reported on Table I of Form 4, and 49,606 unvested restricted stock units granted on September 24, 2024 previously not reported on Form 4 until vesting. (F1) Each restricted stock unit represents the right to receive, upon vesting, one share of the Issuer's common stock in accordance with the Issuer's 2020 Long-Term Incentive Plan. (F3) The restricted stock units vest in three equal annual installments, beginning on the first anniversary of the grant date. |