R. Jeffrey Bailly - Nov 4, 2022 Form 4 Insider Report for UFP TECHNOLOGIES INC (UFPT)

Role
President and CEO, Director
Signature
Patrick J. Kinney, Jr., as attorney-in-fact for R. Jeffrey Bailly
Stock symbol
UFPT
Transactions as of
Nov 4, 2022
Transactions value $
-$1,000,565
Form type
4
Date filed
11/10/2022, 02:15 PM
Previous filing
Mar 3, 2022
Next filing
Nov 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UFPT Common Stock, $.01 Par Value Gift $0 -185K -39.82% $0.00 279K Nov 4, 2022 Direct F1
transaction UFPT Common Stock, $.01 Par Value Gift $0 +185K $0.00 185K Nov 4, 2022 In Trust F1, F2
transaction UFPT Common Stock, $.01 Par Value Gift $0 -8.63K -3.09% $0.00 271K Nov 7, 2022 Direct F1
transaction UFPT Common Stock, $.01 Par Value Gift $0 +8.63K +4.67% $0.00 194K Nov 7, 2022 In Trust F1, F2
transaction UFPT Common Stock, $.01 Par Value Sale -$1M -8.63K -4.46% $115.90 185K Nov 8, 2022 In Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares gifted to irrevocable trust primarily for the benefit of the immediate family of the reporting person and his spouse.
F2 The reporting person disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein, if any, and this report shall not be deemed an admission that the reporting person is the beneficial owner of any or all of the reported shares for purposes of Section 16 or any other purpose.
F3 The Price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $115.85 to $116.03, inclusive. The reporting person undertakes to provide UFP Technologies, Inc., any security holder of UFP Technologies, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within such range.