SEC Form 4 · accession 0001489096-16-000147
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
May 20, 2016
Accepted (ET)
May 25, 2016 · 5:56 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 Stock | holding | — | — | — | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Performance UnitsF1 | $0.00 | May 20, 2016 | A | 12,938 | A | Mar 31, 2019 | Mar 31, 2019 | Common Stock | 12,938 | 12,938 | D |
| Performance UnitsF2 | $0.00 | May 20, 2016 | A | 6,469 | A | Mar 31, 2019 | Mar 31, 2019 | Common Stock | 6,469 | 6,469 | D |
| Restricted Stock UnitsF3 | $0.00 | May 20, 2016 | A | 12,938 | A | May 20, 2017 | May 20, 2019 | Common Stock | 12,938 | 12,938 | 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
- F1On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's adjusted EBITDA performance goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.
- F2On May 20, 2016, the reporting person was granted a performance unit award vesting on March 31, 2019, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.
- F3On May 20, 2016, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- F4On July 30, 2015, the reporting person was granted a restricted stock unit award. Each restricted stock unit represents the right to receive, at settlement, one share of the Issuer's common stock. Award vests in equal annual installments on the first, second and third anniversaries of the grant date. The number of shares reflected in this filing represents unvested restricted stock units.
- F5On July 30, 2015, the reporting person was granted a performance unit award vesting on March 31, 2018, subject to the Issuer's relative total shareholder return goals as further specified in the equity award agreement. The number of shares reflected in this filing represents unvested performance units at the target performance level. The actual number of shares that may vest ranges from zero to 200% of the target number of shares.