Tadano Ltd. - Mar 7, 2023 Form 4 Insider Report for Manitex International, Inc. (MNTX)

Signature
/s/ Toshiaki Ujiie, Representative Director, Executive Vice President of Tadano Ltd.
Stock symbol
MNTX
Transactions as of
Mar 7, 2023
Transactions value $
$0
Form type
4
Date filed
3/10/2023, 05:12 PM
Previous filing
Jun 6, 2022
Next filing
Jan 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MNTX Common Stock Award $0 +9K +0.31% $0.00 2.96M Mar 7, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Takashi Kiso ("Kiso"), a director of Manitex International, Inc. (the "Issuer") and an employee of the Reporting Person, was granted 9,000 shares of which 3,000 vest immediately, 3,000 will vest on March 7, 2024, and 3,000 will vest on March 7, 2025. Kiso serves as a director of the Issuer pursuant to the Reporting Person's right under the Securities Purchase Agreement, dated as of May 24, 2018, by and between the Issuer and the Reporting Person, to nominate one individual to serve on the Board of Directors of the Issuer (the "Nomination Right").
F2 The shares were assigned to the Reporting Person under the terms of Kiso's arrangement with the Reporting Person. The Reporting Person is a director by deputization because Kiso serves as a director of the Issuer pursuant to the Nomination Right.