Ronald J. Kramer - Jul 28, 2021 Form 4 Insider Report for GRIFFON CORP (GFF)

Role
Chairman of the Board and CEO, Director
Signature
/s/ Seth L. Kaplan, as attorney-in-fact
Stock symbol
GFF
Transactions as of
Jul 28, 2021
Transactions value $
$0
Form type
4
Date filed
7/29/2021, 05:00 PM
Next filing
Dec 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GFF Common Stock Gift $0 -2K -0.09% $0.00 2.13M Jun 28, 2021 Direct
transaction GFF Common Stock Award $0 +288K +13.53% $0.00 2.42M Jul 28, 2021 Direct F1
transaction GFF Common Stock Award $0 +288K +11.92% $0.00 2.7M Jul 28, 2021 Direct F2
holding GFF Common Stock 2.84K Jul 28, 2021 By ESOP F3
holding GFF Common Stock 40.3K Jul 28, 2021 By Spouse and Children
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on December 20, 2021.
F2 Restricted shares granted under the Company's 2016 Equity Incentive Plan in a transaction exempt under Rule 16b. Vesting of the restricted shares is partially dependent on the attainment of specified performance criteria related to the company's stock price; on July 28, 2021, it was certified that such performance criteria was satisfied to a certain extent. Subject to the reporting person's continued employment, the restricted shares will vest on January 27, 2025.
F3 Reflects ESOP allocations as a result of dividends paid on shares previously allocated to the reporting person under the ESOP.