Kevin Lee Swartzendruber - Jun 8, 2023 Form 4 Insider Report for Simpson Manufacturing Co., Inc. (SSD)

Signature
Cari Fisher, Attorney-in-Fact
Stock symbol
SSD
Transactions as of
Jun 8, 2023
Transactions value $
-$884,826
Form type
4
Date filed
6/12/2023, 04:45 PM
Previous filing
Feb 17, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SSD Common Stock Sale -$844K -6.47K -52.52% $130.42 5.85K Jun 8, 2023 Direct F1, F2
transaction SSD Common Stock Sale -$40.9K -312 -5.33% $131.02 5.54K Jun 8, 2023 Direct F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $129.95 to $130.92, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F3 The price reported is a weighted average sales price. The shares were sold in multiple transactions at prices ranging from $130.96 to $131.15, inclusive. The reporting person undertakes to provide to the Company, any security holder of the Company or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
F4 Includes Restricted Stock Units that have not yet vested.