SEC Form 4 · accession 0001489096-16-000136
Thermon Group Holdings, Inc. · THR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce Thames
Officer — President & CEO · Director
Period of report
Apr 27, 2016
Accepted (ET)
Apr 28, 2016 · 9:07 pm EDT
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 | Apr 27, 2016 | M | 17,500 | $0.00 | A | 17,500 | D | |
| Common StockF2 | Apr 27, 2016 | F | 4,755 | $0.00 | D | 12,745 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF3 | $0.00 | Apr 27, 2016 | M | 17,500 | D | Apr 27, 2016 | Apr 27, 2016 | Common Stock | 17,500 | 0 | D |
| Restricted Stock UnitsF4 | $0.00 | holding | — | — | — | Jul 30, 2016 | Jul 30, 2018 | Common Stock | 5,785 | 5,785 | D |
| Performance UnitsF5 | $0.00 | holding | — | — | — | Mar 31, 2018 | Mar 31, 2018 | Common Stock | 11,676 | 11,676 | D |
Explanation of responses
- F1Each restricted stock unit represents the right to receive, at settlement, one share of common stock. This transaction represents the settlement of vested restricted stock units in shares of common stock.
- F2Shares withheld by Issuer to satisfy applicable withholding tax upon vesting of restricted stock units.
- F3On April 27, 2015, the reporting person was granted a restricted stock unit award vesting on the first anniversary of the award.
- F4On July 30, 2015, the reporting person was granted a restricted stock unit award vesting in equal annual installments on the first, second and third anniversaries of the award.
- F5On July 30, 2015, the reporting person was granted a performance unit award vesting on March 31, 2018. The actual number of shares earned in settlement of the award depends on the achievement of certain predetermined performance goals and ranges from 0% below target to 200% at maximum. The number of shares reflected on this filing represents the remaining unvested performance units at the target performance level.