SEC Form 4 · accession 0001489096-15-000005
Thermon Group Holdings, Inc. · THR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles A Sorrentino
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:57 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001489096
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Dec 9, 2014 | S$0 | 1,000 | $0.00 | D | 32,367 | D | |
| Common StockF2 | Jan 2, 2015 | S$0 | 573 | $0.00 | A | 32,940 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $5.20 | holding | — | — | — | May 4, 2011 | Oct 27, 2020 | Common Stock | 16,358 | 16,358 | D |
Explanation of responses
- F1Transaction pursuant to a Rule 10b5-1 Plan
- F2Equity awarded pursuant to the Issuer's Director Compensation Program. Each of the Issuer's non-executive directors will receive a total of $55,000 of the Issuer's common stock per year to be awarded in quarterly installments. The number of shares subject to each award will be determined by dividing $13,750 by the market closing price per share of common stock as reported on the New York Stock Exchange on each of (a) the date of the Issuer's annual stockholder meeting, (b) October 1, (c) January 1 and (d) April 1 (or the next trading day if such date is not a trading day). Each equity award is 100% vested on the grant date.
- F3Options vested and became exercisable in connection with the Issuer's initial public offering.