SEC Form 4 · accession 0000914122-17-000005
Perma-Pipe International Holdings, Inc. · PPIH
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bradley E Mautner
Director
Period of report
Jan 31, 2017
Accepted (ET)
Feb 3, 2017 · 4:46 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000914122
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common stock | Jan 31, 2017 | M | 9,029 | $8.75 | A | 410,527 | 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 unitF3,F1,F2 | — | Jan 31, 2017 | F | 5,845 | D | — | — | Common stock | 5,845 | 9,029 | D |
| Restricted stock unitF4,F1,F2 | — | Jan 31, 2017 | M | 9,029 | D | — | — | Common stock | 9,029 | 0 | D |
| Deferred Stock UnitsF5 | $8.7427 | Feb 1, 2017 | A | 4,575 | A | — | — | Common stock | 4,575 | 4,575 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock
- F2restricted stock unit vested 1/31/2017
- F3The shares of common stock underlying the restricted stock reported as disposed herein were retained (but not issued) by the issuer in satisfaction of tax withholding obligations associated with the vesting of restricted stock unit
- F4The restricted stock unit reported as disposed herein were settled for shares of the issuer's stock
- F5Deferred Share Units are payable to the reporting person in Common Stock on a one-for-one basis, upon separation of service as a member of the Board